Shoprite (Isle of Man)

Shoprite (Isle Of Man)

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Shoprite (Isle of Man)

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Description:
Shoprite Group Plc. is a supermarket chain currently trading in the Isle of Man. Its major competitors are Tesco and the Manx Co-op.

Shoprite currently owns 12 stores in all the major settlements on the Island. Three in Douglas, two in Peel, two in Ramsey, three in Port Erin one in Onchan and one in Castletown. Two of the Port Erin stores are branded differently, Guiltless Gourmet and Shoprite Living (stocking Wilkinson products). One of the Douglas stores trades as Winerite.

Shoprite is the only store on the Isle of Man to be contracted with Iceland, Subway and Wilkinson (Shoprite Living).

The chain is not related to similarly named chains in the US or South Africa.

Until the 1990s there were "Shoprite" supermarkets in the United Kingdom which were taken over by and rebranded as Kwik Save, itself now a defunct chain having been taken over by Somerfield. Somerfield, in turn has now been taken over by The Co-operative Group, and all of its stores will be converted to The Co-operative Food branding within the next couple of years.

References

  • http://www.google.com/finance?q=OFEX:SHO
  • http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=875701


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