/ 1 June 2024

Ackerman retreat gives Pick n Pay a lift

Pick N Pay Stores Ltd. Launch New 'qualisave' Brand Cut Price Supermarket
Way out: Gareth Ackerman will step down as Pick n Pay’s board chairperson and has already relinquished control over making executive appointments. Photo: Dwayne Senior/Getty Images

The family’s decision to relinquish control over the grocery retailer gives their new chief executive more room to turn the business around

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