Shoprite has announced its top suppliers of 2023, with Unilever taking honours in the grocery department, Coca-Cola in snacking and beverages, Lactalis in perishables and AMKA products in personal care. The Faircape Group took the sustainability award, while Stephan & Seuns Boerdery claimed fruit and veg. And receiving the first ever Grand Prix, Tiger Brands for its exceptional overall performance and impact on the Group’s operations. Moving on, a minor brouhaha at the Woolies AGM over executive pay, with 53% of punters voting against the remuneration policy and 26% against the remuneration implementation report, fairly modest opposition, say some, considering the R122m CEO Roy Bagattini has bagged this year (nearly twice that of rival Shoprite CEO Pieter Engelbrecht). Finally, some anecdotal reportage from Massmart on their Black Friday performance: deals on essentials like soft drinks, toilet paper, pantry items, and milk were predictably popular, but so were deals on big ticket items like TVs, fridges, and air conditioners.
Comment: We’ll keep you updated as those numbers start to come in. But in the meantime, read our findings on the event here.