Quiz navigation SECTION C Read the following case study and answer the questions that follow: SECTION A: 20 MARKS 2 3 4 5 6 8 Title: Shoprite - Overview Shoprite started out as a small Cape based retailer. In the late 1970's they bought the much larger but ailing 10 11 12 13 14 15 16 17 Checkers groups of supermarkets that were heading towards insolvency. Contrary to what critics expected Shoprite-Checkers managed to beat all odds and show growth. They later acquired OK Bazaars from SAB for a 19 20 mere R 1.00 but took on the OK debt. Managing to turn OK Bazaars into a profitable entity was a feat that even SAB had failed to do. Under the leadership of Whitey Basson Shoprite-Checkers continued to grow. The Sentra group was also taken over by Shoprite. Basson and his management team managed to take over Checkers, make it a profitable business and grow the Shoprite group into the leading retailer in Africa in under thirty years. SECTION B - 40 MARKS 21 22 Shoprite Today Shoprite Holdings Limited is an investment holdings company whose combined subsidiaries constitute the largest fast moving consumer goods (FMCG) retail operation on the African continent. Its various chains operate a total of SECTION C - 40 MARKS 1948 stores in 17 countries, all integrated electronically into a central data base and replenishment system. 23 24 Shoprite is the largest retailer in Africa and has a strong presence in the Middle East. The Group's primary business is food retailing to consumers of all income levels, and there are outlets from Cape Town to Accra and on Finish attempt ... some islands of the Indian Ocean. Management's goal is to provide all communities in Africa with food and household items in a first-world shopping environment, at the Group's lowest prices. At the same time the Group, Time left 2:56:54p inextricably linked to Africa, contributes to the nurturing of stable economies and the social upliftment of its people. The Shoprite Group said sales exceeded R 100bn for the first time in the 12 months to June 2014. It created 11 762 new jobs and opened a record number of stores in a single year Source: Shoprite Holdings (2014)