Pick n Pay

Black Friday, Holiday Sales Spur Demand At South Africa's Shoprite

South Africa's biggest supermarket group Shoprite reported a 16.8% jump in half year sales, supported by a record Black Friday and festive season as both c...

South Africa's Pick N Pay Sees Pressure From Inflation, Power Cuts

South Africa's Pick N Pay Stores Ltd said on Tuesday inflation and power cuts in the second half of the year would add to the cost pressures the grocery re...

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...