Pick n Pay

Walmart Agrees To Buy Remaining Stake In South Africa's Massmart

US retail giant Walmart Inc has signed an agreement to begin buying the 47% stake in South African retailer Massmart it does not own, the compani...

South Africa's Pick n Pay Reports 91% Jump In H1 Earnings

South Africa's Pick n Pay reported an almost 91% jump in half-year earnings and has identified 3 billion rand (€180 million) in additional cost saving...

South Africa's Clicks Set To Acquire Pick n Pay's Pharmacies

South African drugstore chain Clicks has announced plans to acquire 25 in-store pharmacies from retailer Pick n Pay. In a joint statement, the companies...

South Africa's Pick n Pay Sees Annual Profit Impacted By Alcohol Ban

South African grocer Pick n Pay has reported a 21.4% decline in annual earnings, weighed down by a ban on the sale of alcohol and other products, as well a...

South African Retailer Pick n Pay Launches Mobile Phone Service

South African grocery retailer Pick n Pay will start providing mobile phone services to try to grow its value-added and financial services business, seekin...

South Africa's Pick n Pay Warns Of 50% Earnings Drop

South African supermarket chain Pick n Pay flagged a more than 50% fall in first-half earnings on Tuesday, weighed down by constraints on alcohol, tobacco...

South Africa's Pick n Pay First-Half Earnings Rise 9.5%

South African supermarket retailer Pick n Pay Stores Ltd posted a 9.5% rise in first-half earnings on Tuesday, with strong growth in its core domestic oper...

South Africa's Pick n Pay H1 Profit Jumps 19% As Price Cuts Lure Buyers

South African supermarket chain Pick n Pay Stores has said that half-year profit before tax jumped 19.1%, as price cuts attracted more shoppers to its stor...