In Brief Power to the people
First up, share trades over at SPAR, where the Employee Share Trust bought close on R4m worth last week and traded a further R5.9m odd in one way or another. Good to see that those in the know are bullish, whatever it portends. And speaking of power moves (see what we did there?), Shoprite has installed more than 1 million square feet of solar panels on the rooftops of stores, distribution centres and other facilities, and put solar panels on top of 811 supply trucks. “We are the biggest food retailer in Africa, and we also want to be the biggest in terms of solar use of renewable electricity," says Sustainability Manager Sanjeev Raghubir. And finally, the new Checkers is open at Chartwell Corner, Gauteng, offering an in-store Starbucks, a Kauai, and a sushi bar, plus deliveries of Krispy Kreme donuts daily, as well as the usual specialty departments – butchery, bakery and wine among them.
Comment: : Checkers is taking its task seriously as the Shoprite Group’s answer to Woolies. And while the Dapper One has history and a simple offering on its side, Checkers is bringing both the whistles and the bells.