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LATEST NEWS FOR Pick n Pay Stores Ltd.  

The Pick n Pay Group is one of Africa's largest and most consistently successful retailers, with 1 884 stores (1 135 corporate and 749 franchise). In addition, it has 61 supermarkets in Zimbabwe through its investment in TM Supermarkets. Pick n Pay b... [more info]

Top food retailers on the JSE

9 Apr 2021 /  Simon Brown   
Xavier Prévost from XMP consulting on the prospects for soon-to-be-listed coal miner Thungela Resources. Moneyweb's Ciaran Ryan on the two local crypto bundles; the risks and differences. Gary Booysen of Rand Swiss talks the Pick n Pay update and JSE food retailers in general, along with his preferred retailer.

Inflation risks on margins

25 Mar 2021 /  Simon Brown  
Anchor's Deryck Janse van Rensburg talks inflation and predictions for today's MPC decision. Kingsley Williams, CIO of Satrix, on the growth of passive investments in SA. Investment specialist Mike Gresty unpacks Tencent's results as the Naspers and Prosus share prices are driven higher.

Shoprite to offer a mobile phone service

17 Mar 2021 /  Larry Claasen  
This follows PnP launching its own service last year.

Massmart surges over 20%, but has the market overreacted?

9 Mar 2021 /  Suren Naidoo   4
Some analysts think so, considering the Game and Makro owner’s wider FY losses, debt burden and lack of dividend.

Massmart to sell Cambridge Food, Rhino and Massfresh

UPDATE
8 Mar 2021 /  Suren Naidoo   5
The group is now also 'reviewing' its stores outside of SADC as part of its turnaround plan, which it says is still on track despite Covid-19.

PnP’s CEO retires and the nature of money

15 Jan 2021 /  Simon Brown  
Anchor Capital's Deryck Janse van Rensburg on Curro's latest acquisition and PnP's new boss. Strategist Mohammed Nalla on whether we can trust money in its current form.

Pick n Pay CEO to retire in April

14 Jan 2021 /  Reuters and Moneyweb   1
Richard Brasher has been at the helm for eight years.

Checkers Sixty60 vs Woolies Dash vs PnP Bottles

UPDATE
8 Jan 2021 /  Moneyweb   7
Same-day grocery delivery services are now what customers demand….

Woolies Dash promises same-day store-to-door cold-chain delivery

24 Dec 2020 /  Suren Naidoo   10
Hot on the heels of PnP's Bottles app acquisition.

Will hospitality rebound in 2021?

23 Dec 2020 /  Simon Brown  
Deryck Janse van Rensburg from Anchor Securities on options for small and mid-cap stocks in 2021; and Sun International Group COO Hospitality Graham Wood on a tough year for leisure, and whether 2021 will be much better.

SA retail and wholesale confidence soars in fourth quarter

3 Dec 2020 /  Suren Naidoo   5
After a 29-year low in the Covid-19 hit second quarter.

JPMorgan favours SA domestics over gold, tech stocks

27 Nov 2020 /  Adelaide Changole, Bloomberg  
The broker upgraded its view on South African equities to overweight from underweight this week.

Africa’s most valuable brands, Pnp’s lower earnings, vehicle sales under lockdown

21 Oct 2020 /  Simon Brown   1
FNB's Chantal Marx on Pick n Pay, Standard Bank and Sasol. Combined Motor Holdings CEO Jebb McIntosh talks vehicle sales under lockdown. Jeremy Sampson of Brand Finance Africa on the continent's most valuable brands.

Pnp to launch Pick n Pay Mobile and Boxercom

21 Oct 2020 /  Melitta Ngalonkulu  
'Data is now the crucial elixir of life.'

Pick n Pay earnings dive on lower sales during lockdown

20 Oct 2020 /  Dudu Ramela  
‘The underlying core food and grocery business has been strong,’ says CEO Richard Brasher.

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