Shoprite Holdings’ IT spending soared nearly 18% in the 2021 financial year as its focus on technology-led disruption and e-commerce shifted to become top strategic priorities.
Shoprite Group has created a new digital business unit called ShopriteX in which it plans to combine data science, technology and innovation to “enhance customer experiences”.
It is not yet clear just how extensive the destruction of particularly retail and warehouse property and the looting of stock in the unrest in KwaZulu-Natal and Gauteng was.
South Africans are expected to face major food shortages in the wake of days of violent unrest across two key provinces, as rioters upend supply chains by looting supermarkets and torching goods trucks.
Just a week after its CEO, Pieter Engelbrecht, teased the launch of its own mobile service, Shoprite Group has provided details of the launch K’nect Mobile, its mobile virtual network operator platform.
Pick n Pay can expect some competition from rival Shoprite when it comes to offering a mobile data and voice service.
Why have so many South African retailers been glacially slow in adopting technology-based innovation? In many cases, it arguably comes down to myopic control of IT spend. By Allan Dickson.
“Everything is digital now. Going digital was only a discussion point for many businesses but now it’s the only reality.”
Pick n Pay said on Friday that it is introducing scan-and-pay technology at till points nationwide so customers don’t have to touch point-of-sale terminals during the Covid-19 pandemic.
The Shoprite Group, which owns Shoprite and Checkers retail stores, is introducing the ability for customers to make payments using QR codes in an effort to fight the spread of the novel coronavirus.