• Pick n Pay Picking their battles

  Pick n Pay results out this week, with turnover up +3.7% to R56.1bn for HY2025, supported (as is usually the case these days) by a strong performance by Boxer, and the clothing and online divisions. The bottom line was unfortunately flat at R10.0bn, ... More »

  • Trade Intelligence 28/10/24

• ---

• Pick n Pay Local, it turns out, really is lekker

  Next week Gareth Ackerman steps down as chair of the Pick n Pay board, with the founding family now still holding a substantial 49% of the shares. Any regrets? “I think one of the fingers that could probably be pointed at me was that maybe I was too ... More »

  • News 24 14/10/24

• ---

• Pick n Pay Under the influencer

  Taking it to the enemy this week (and by the enemy, to be clear, we mean Checkers) is Pick n Pay, whose asap! delivery service last week ran a ‘live shopping show event’ (their words) on its own pnp.co.za site and various social media platforms inclu... More »

  • Tatler Reporter 23/08/24

• ---

• Pick n Pay Damaged control

  The clock is ticking down inexorably on the Ackerman family’s control of Pick n Pay as the founders reduced their voting rights from 52.00% before the recent Rights Offer to 49.00%. This was achieved, as far as we can tell, through a hopelessly compl... More »

  • Daily Investor 13/08/24

• ---

• Pick n Pay Know your rights

  If Pick n Pay had been selling cans of beans and what have you at the rate it has sold out its rights offer, well it wouldn’t have needed a rights offer in the first place. The offer was 106% oversubscribed, with total subscriptions of over R8bn agai... More »

  • Daily Investor 05/08/24

• ---

More articles