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Raymond Ackerman

Ackerman retreat gives Pick n Pay a lift
Business
/ 1 June 2024

Ackerman retreat gives Pick n Pay a lift

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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Ackerman family to relinquish control of struggling Pick n Pay
Business
/ 27 May 2024

Ackerman family to relinquish control of struggling Pick n Pay

The announcement comes after another disappointing set of results, in which the group reported a massive decline in its trading profit

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Interview: Sean Summers on Pick n Pay’s turnaround
Business
/ 19 October 2023

Interview: Sean Summers on Pick n Pay’s turnaround

The retailer released a grim set of results on Wednesday, which saw its shares plummet more than 14%

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Pick n Pay: Summers is back, but will the Ackermans check out?
Business
/ 7 October 2023

Pick n Pay: Summers is back, but will the Ackermans check out?

The prodigal son’s return may usher in a new era for the retailer, which has languished under the Ackerman family’s control

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Pick n Pay: How labour has fared in Ackerman’s empire
Business
/ 13 September 2023

Pick n Pay: How labour has fared in Ackerman’s empire

The retail giant was known for his role in opposing apartheid-era labour restrictions. But as economic conditions became tough, so did Pick n Pay

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