Corporate news that made headlines in 2023
/ 20 December 2023

Corporate news that made headlines in 2023

The M&G takes a look back at the share price crashes, the historic leadership changes and the surprising appointments

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Interview: Sean Summers on Pick n Pay’s turnaround
/ 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?
/ 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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/ 16 October 2007

Pick ‘n Pay expects inflation to hit food sales

Chief executive of Pick ‘n Pay Nick Badminton told analysts in Cape Town on Tuesday that although food was often the last to be affected by inflation, "we feel that it will be a little tight in the next six months". He said that internal inflation within the group was showing a 7% increase for the full year, but warned that August showed inflation at 9,5%.