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 1 800 stores (1 056 corporate and 744 franchise). In addition, it has 58 supermarkets in Zimbabwe through its investment in TM Supermarkets. Pick n Pay b... [more info]

Six decades of inflation-beating returns on the JSE

Despite short-term setbacks, the local market has delivered reliable growth over the long term.

Locally-made Mara phones get strong SA corporate backing

Smartphone manufacturer expects to see the 'real growth' of its brand in SA from 2020.

What next for TymeBank?

After passing the 1m account milestone …

TymeBank signs up 1m customers

Plans to roll out unsecured loans early next year.

Consumers to benefit from greater variety, as exclusivity leases phase out

Speciality tenants such as butcheries, bakeries, greengrocers and delis may start opening in malls in coming years.

Consumers are getting comfortable with ‘no-name brands’

Private labels are giving regular brand names a run for their money.

CompCom puts an end to big supermarkets’ unfair practices

Grocery Market Inquiry finds that exclusive clauses, unfair trading practices and regulatory support are areas that need immediate intervention.

Checkers supermarket promises to deliver groceries in an hour

The retailer pioneers a new one-hour grocery delivery system.

SA’s big supermarkets told to drop exclusivity clauses in mall leases

At least 70% of shopping malls are subject to exclusive lease agreements, inquiry finds.

Former Clicks CEO’s R106m payday

David Kneale very well rewarded for retailer’s outperformance.

Edcon aims to change its fortunes by driving credit sales

RCS buys its debtors’ book from Absa, which had a ‘conservative’ approach to lending.

Checkers plays catch-up on rewards

Fills a vital gap in the group’s shift from 'explosive expansion to precision retailing' …

Pick n Pay shares rise, after results showed earnings increase

Richard Brasher – CEO, Pick n Pay

Rand rallies 1% to one-month best, stocks weaker

Government bonds also rallied, with the yield on the benchmark 2026 bond down 7 basis point to 8.205%.

Five things making headlines in South Africa today

SAA recalls planes, Pick n Pay results, Hans Klopper denies wrongdoing and more.

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