JOHANNESBURG, Jan 31 (Reuters) – South Africa’s biggest grocery chain Shoprite (SHPJ.J) reported on Tuesday a 16.8% jump in half year sales, supported by a record Black Friday and festive season as both cash-strapped shoppers and upmarket consumers went after food deals.
Shoprite said group sales for the six months ended Jan.1 jumped to 106.3 billion rand ($6.10 billion). Second quarter sales rose by 15.2%.
($1 = 17.4260 rand)
Reporting by Nqobile Dludla
Editing by Promit Mukherjee
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