Shoprite, South Africa’s premier retail giant, is set to divest its furniture division to Pepkor, channeling its focus on the expansion of its specialized segments, including clothing, baby products, outdoor equipment, and pet supplies. On Tuesday, September 3, the group disclosed its plan to offload the furniture business to Pepkor for an estimated R3 billion. … Continue reading Shoprite to sell over 400 stores to Pepkor for R3 billion, refocusing on core retail segments