This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (October 2021) |
The Pick n Pay Group is a South African retailer. It operates three brands – Pick n Pay, Boxer and TM Supermarkets. Pick n Pay also operates one of the largest online grocery platforms in sub-Saharan Africa. Raymond Ackerman purchased the first four Pick n Pay stores in Cape Town in 1967 from Jack Goldin.[4] Since then, the Group has grown to encompass stores across South Africa, Namibia, Botswana, Zambia, Nigeria, Eswatini and Lesotho. Pick n Pay also owns a 49% share of Zimbabwean chain TM Supermarkets.[5]
Company type | Public |
---|---|
JSE: PIK | |
Industry | Retail |
Founded | 1967[1] |
Founder | Raymond Ackerman |
Headquarters | Kenilworth, Cape Town, South Africa |
Number of locations | 2,204 (957 company-owned and 747 franchised)[2]: 17 |
Area served | Southern Africa |
Key people | Gareth Ackerman: (Non-executive Chairman)
Sean Summers: (CEO)[3] Lerena Olivier: (CFO) |
Revenue | R106.6 billion (2023)[2]: 69 |
R1.68 billion (2023)[2]: 69 | |
R1.17 billion (2023)[2]: 69 | |
Total assets | R42.4 billion (2023)[2]: 73 |
Total equity | R3.7 billion (2023)[2]: 73 |
Number of employees | 90 000 (2023)[2]: 17 |
Website | www |
As of 2023, the company was operating at 2,204 locations across eight countries on the African continent.[2]: 17
References
edit- ^ Pick n Pay website, About Us
- ^ a b c d e f g h "Integrated Annual Report 2023" (PDF). www.picknpayinvestor.co.za. 26 February 2023. Retrieved 10 September 2023.
- ^ Hogg, Alec (2023-10-02). "Combative Sean Summers is back at Pick 'n Pay - Gareth Ackerman appoints group's ex-CEO in masterful coup". BizNews.com. Retrieved 2024-01-05.
- ^ Cone, Matteo (2013-12-01). "King of the Clicks' empire". Tribute to Jack Goldin. Retrieved 2022-04-23.
- ^ "Pick n Pay Stores Ltd.:Integrated Annual Report 2018" (PDF).