The Pick n Pay Group is one of Africa's largest and most consistently successful retailers, with 2 039 stores (1 209 corporate and 768 franchise). In addition, it has 62 supermarkets in Zimbabwe through its investment in TM Supermarkets. Pick n Pay b... [more info]
Gary Booysen of Rand Swiss unpacks Pick n Pay results. Balwin CEO Steve Brookes talks results as activity returns to pre-pandemic levels and Combined Motor Holdings CEO Jebb McIntosh on excellent interim results.
New CEO Peter Boone has arrived, during a difficult riotous first-half trading period for the group, aiming at ‘not a revolution, but an evolution’: Lerena Olivier – CFO, Pick n Pay.
July unrest in KwaZulu-Natal saw group being hit by R1.3 billion in stock losses due to looting, which is likely to impact the second-half of its 2021 financial year.
