Markets have responded positively to Pick n Pay’s announcement that it has reduced costs and slowed down market share decline.
Sales at the retailers “showed” that South Africans were "reducing Heritage Day to a cooking pastime".
Food retailers are trading at the cheapest premium to the nation’s benchmark stocks index as economic factors curb their profit growth.
Pick n Pay said it may cut management positions to get costs down after its annual profit plunged 51%.
More than 80 meat products sold by major South African retailers contain water buffalo and donkey, the City Press has reported.
This retail chain exemplifies how reputations are built in the corporate world.
South Africa’s e-reader market received a shake-up this month when Pick n Pay announced that it was bringing the Kobo Touch e-reader to SA for R995.
Pick n Pay is at loggerheads with some of its franchisees over claims that the retail giant is making it difficult for their businesses to survive.
The ‘big interview’ with Richard Brasher, the new chief executive of Pick n Pay , should have been a big interrogation, says a reader.
New Pick n Pay chief executive Richard Brasher wants the retailer to regain its position as South Africa’s market leader.
Food prices globally are at record levels and there is pressure on goverments not to hoard or restrict exports.
Not far from a branch of retail giant Pick n Pay, a home-run bakery in Alexandra is thriving.
We recognise the companies that South Africans respect the most for their products, service, employees and actions in greater civil society.
Blue chip is as blue chip does. The same names appear consistently over the years in this research.
Should I buy product A or product B? What do I tell my friends when they ask for this kind advice? A company’s reputation will sway my vote.
Pick n Pay has reported a 15% fall in profits after being hit by costs related to its shopper loyalty programme and investments in its supply chain.
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/ 8 February 2012
Pick n Pay has announced its CEO Nick Badminton would be leaving the company at the end of February, as it faces an up-hill from US retailer Walmart.
Subsistence farmers should be helped to increase yields and find profitable markets, says researcher.
There are moves afoot to overhaul the social grant payout system to make it less cumbersome as some grant recipients wait hours in queues.
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/ 24 January 2012
South Africans are becoming more open to the option of online shopping, with a survey reporting a 30% increase in online spending in 2010.
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/ 2 December 2011
Pick n Pay’s plans to raise its stake in Zimbabwe’s TM Supermarkets has been approved, which forms part of the retailer’s African expansion plans.
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/ 28 October 2011
Pick n Pay announced its plans to commit to transforming its entire fresh, frozen and canned seafood operations by the end of 2015.
Walmart’s SA unit Massmart is ready to push down prices and sacrifice margins in pursuit of a bigger market share, its CEO has said.
Three days of public hearings into the R16.5-billion takeover of Massmart by United States giant Walmart got underway at Parliament on Tuesday.
Cosatu has expressed "shock" at Pick n Pay’s announcement that it is contemplating retrenching about 3 137 workers.
The design for the store is a departure from conventional inverted styles that isolate customers from the outdoors.
Africa’s second-largest food retailer, Pick n Pay, has announced that it would be opening its first store in Mozambique, located in Maputo.
Pick n Pay’s chairperson Gareth Ackerman on Tuesday expressed his opposition to the Protection of Information Bill.
Retailer Pick n Pay on Thursday confirmed the retirement of merchandise director Kevin Korb, after 30 years at the company.
South Africa’s second-biggest grocery retailer Pick n Pay posted a 18,4% decline in full-year profit on Monday.
Zambia has cleared Africa’s largest grocer Shoprite over allegations of threatening to blacklist suppliers who dealt with its rival Pick n Pay.
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/ 21 December 2010
The company at the centre of the frozen chicken controversy says it does "rework" birds for human consumption.