Pick n Pay Holdings
Department Stores, Shopping Centers & Superstores · South Africa · 10K+ Employees
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Overview
Headquarters
PO Box 23087, Cape Town, 7735, South Afr...Website
www.picknpayinvestor.co.zaRevenue
$6.5 BillionIndustry
About Pick n Pay Holdings
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Pick n Pay Holdings News & Media
Pick n Pay's Richard Brasher to retire as CEO, Pieter Boone appointed as his successor
Pick n Pay Chairman Gareth Ackerman today announced that, after successfully leading the business for eight years, Richard Brasher will retire as CEO with effect from 21 April 2021. Following a comprehensive local and international search, Richard will be succeeded as CEO on that date by Pieter Boone, former Chief Operating Officer of Metro AG, […]South Africa's Pick n Pay sees margin and profit pressure from COVID-19 lockdown
South Africa's Pick n Pay Stores Ltd said on Tuesday the COVID-19 pandemic is likely to hit its margins and profitability this year as lockdown measures prohibit the sale of some items including liquor, tobacco and clothing. Trading conditions for South African grocery retailers were already difficult before the new coronavirus outbreak, with low economic growth, high unemployment, rising household costs and constrained consumer spending weighing on sales. "These categories make up approximately
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Frequently Asked Questions Regarding Pick n Pay Holdings
The Pick n Pay Group is a grocery, clothing and general merchandise retailer, selling a wide range of products at very competitive prices under the Pick n Pay and Boxer brands. Since 1967 when consumer champion Raymond Ackerman purchased the first three stores in Cape Town, the Group's vision has grown and expanded to encompass stores in South Afri... Read More