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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 1 866 stores (1 092 corporate and 774 franchise). In addition, it has 59 supermarkets in Zimbabwe through its investment in TM Supermarkets. Pick n Pay b... [more info]

PnP reports growth, opens 130 new stores

13 May 2020 /  Moneyweb  
CEO Richard Brasher comments on the company’s annual results and how it is managing under the Covid-19 reality.

Rand dips on second wave coronavirus fears

12 May 2020 /  Mfuneko Toyana, Reuters   1
At 0730 GMT the rand was 0.15% weaker at R18.45 per dollar compared to a close at R18.42 overnight in New York.

Pick n Pay posts dip in FY earnings, defers dividend

12 May 2020 /  Nqobile Dludla, Reuters  
Online sales surge more than 100% during lockdown.

SA’s delivery firms switch to meds, groceries during pandemic

3 May 2020 /  Nqobile Dludla and Mfuneko Toyana, Reuters   3
As the economy groans under the weight of the Covid-19 pandemic delivery firms find a lifeline in dispatching essential goods.

Pick n Pay customers can now send digital grocery vouchers

21 Apr 2020 /  Melitta Ngalonkulu  
To ensure convenience amid Covid-19.

Lockdown: PnP launches same-day grocery delivery

8 Apr 2020 /  Suren Naidoo   5
More than 70 stores already part of collaboration with alcohol delivery app.

SA property owner Spear will provide rental relief to retail tenants

2 Apr 2020 /  Nqobile Dludla, Reuters   1
A halt in payments, however, also raises the question of whether landlords will be forced to default on their own debt commitments.

Sassa rolls out plans to address lockdown constraints

30 Mar 2020 /  Ann Crotty   1
Elderly and disabled will be able to access their social grants early.

Covid-19 poses problems for social grant payments

20 Mar 2020 /  Ann Crotty   8
Sassa has a plan, but the Black Sash’s response indicates that it comes nowhere close to addressing the problem.

‘No need to stockpile’ say retailers

18 Mar 2020 /  Larry Claasen   25
Local chains ask consumers to buy only what they need.

Pick n Pay launches online scheduled grocery delivery

3 Mar 2020 /  Nqobile Dludla, Reuters   1
'This new service is expected to further change the landscape of how customers maximise convenience when shopping for their groceries,'

Game over for fresh food at Massmart’s biggest chain

20 Feb 2020 /  Suren Naidoo   18
It was South Africa’s leading discount retailer before its costly move into fresh food.

Six decades of inflation-beating returns on the JSE

8 Jan 2020 /  Patrick Cairns   11
Despite short-term setbacks, the local market has delivered reliable growth over the long term.

Locally-made Mara phones get strong SA corporate backing

18 Dec 2019 /  Suren Naidoo   10
Smartphone manufacturer expects to see the 'real growth' of its brand in SA from 2020.

What next for TymeBank?

11 Dec 2019 /  Hilton Tarrant   9
After passing the 1m account milestone …

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