Pick n Pay Bricks and clicks and picks and … oh, shut up
More good news from the Big Blue, who last week turned in what passes for a tidy set of results in these straitened times. This time it’s their online food business, where sales are up 27% in the past year, with 2,000 deliveries per week. These numbers outperform those gathered by World Wide Worx, which recorded a 7% increase in online grocery shopping for a similar period. Other news of note to the technically-inclined PnP punter, is their Mobile Money service, launched in 2010, a means of transferring cash securely to your folks back home as well as shopping wallet-free in PnP and Boxer stores. With their deepening partnership with MTN, The Big Blue will now be able to offer a range of new Mobile Money services, including higher-value transactions and daily cash withdrawals, a couple of card options and access to Smart Shopper benefits.
Comment: Impressive, the way that PnP have sailed apparently unperturbed above two solid years of dickering criticism from the pundits and are showing every evidence of emerging on the other side stronger, more innovative and indeed more profitable.