Recognising the lifetime achievements of those who have changed the way we perceive and interact with retail, the World Retail Hall of Fame is an integral part of the programme.
World Retail Congress is delighted to announce that the second retailer to be inducted into the World Retail Hall of Fame is:
Dr Christo Wiese, Chairperson of Pepkor Holdings (Pty) Limited and Shoprite Holdings Limited
Christo Wiese is without doubt one of the leading figures in African retail having joined his family’s small discount clothing business and took it on to become Africa’s largest clothing retailers. The Financial Times has described him as the “patriarch of African retail”. Under his leadership, he also built the Shoprite supermarket chain into Africa’s largest food retailers with sales of around $8bn. And through acquisition, the group has moved into department stores and other sectors. His retail skills and interests now extend beyond Africa and this year acquired the UK’s New Look fashion chain and launched a fast fashion chain called Pep & Co. Today, Dr Wiese’s total portfolio includes approximately 6000 stores in 24 countries and employing more than 150,000 people.
Commenting on the award, Dr Wiese said: “I’m humbled by the honour being bestowed on me and equally impressed by the company in which I find myself in the Retail Hall of Fame! As always in a case like this, the honour is conferred on just one person while it really belongs to the many thousands who have built up the business over many years. I’m accepting it on behalf of them all. In all honesty, there are some who are more deserving of it than me."
“I also see this honour as recognition, inter alia, of the retailing sector of South Africa which is as sophisticated as one will find in any First World country. It grew out of the needs of an unusually diverse society spread over a vast geographic area. Using some of the best international examples as a point of departure, we created our own unique solutions which today enable us to trade with great success also across sub-Saharan Africa.”