Pick n Pay is reshaping its store footprint by closing underperforming locations and converting select Pick n Pay stores into Boxer or franchise stores as it looks for a way to turn the business ...
South African retailer, Pick n Pay has announced it will exit Nigeria, selling its 51 per cent stake in a joint venture as part of a strategy to restructure operations outside of its home market ...
Pick n Pay recorded substantial growth in its online shopping business over the first half of its 2025 financial year. However, it was far from sufficient to help steer the retailer back towards ...
South African grocery retailer Pick n Pay will exit Nigeria by selling its 51% share of a joint venture as part of plans to restructure outside of its home market, CEO Sean Summers said on Monday ...
JOHANNESBURG, Oct 17 (Reuters) - South African grocery retailer Pick n Pay (PIKJ.J), opens new tab on Thursday forecast a wider half-year headline loss, but said it expects its full-year result ...
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Retail group Pick n Pay has posted a R827.4 million loss for the interim period of 26 weeks ending 25 August 2024—extending losses by 45% compared to the same period last year. The group saw 3.7 ...
South African retailer Pick n Pay has announced it will exit Nigeria, selling its 51 per cent stakes in a joint venture as part of a strategy to restructure operations outside of its home market.
SOUTH African retail giant Pick n Pay Group Limited (Pick n Pay) has written down its investment in TM Supermarkets (Pvt) Limited (TM) to zero, citing on ongoing losses. Pick n Pay, which owns a ...
JOHANNESBURG, Oct 28 (Reuters) - South African grocery retailer Pick n Pay (PIKJ.J), opens new tab will exit Nigeria by selling its 51% share of a joint venture as part of plans to restructure ...
Food insecurity isn’t a new problem, but it’s getting worse. Schools participating in the Pick n Pay School Club, which reaches more than two million learners annually, reported that food has ...
Pick n Pay anticipates a 20%-10% decline in headline earnings per share for the first half of 2024, despite strong performance from Boxer and ongoing recapitalisation efforts. The group reported ...