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gareth ackermanlatest news & developments
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

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

Redefine currently leases 73 116 square metres to Pick n Pay.  (Waldo Swiegers/Bloomberg via Getty Images)

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 This content is restricted to registered…

Sean Summers.

Summers returns to revamp vintage Pick ‘n Pay with Ferrari drive

The retailer announced that outgoing Pick n Pay chief executive Pieter Boone would be replaced by Sean Summers, who led the company from 1999 to 2006

Employees pack customers’ goods at a Pick n Pay Stores Ltd. supermarket in Johannesburg, South Africa, (Nadine Hutton/Bloomberg via Getty Images)

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

Pick n Pay founder Raymond Ackerman.

Pick n Pay founder and retail pioneer Raymond Ackerman dies

The retail group Ackerman founded described him as a ‘visionary South African’ in a statement released on Thursday

The chairperson of Pick n Pay, Gareth Ackerman, has slammed the government for what he called its passivity in dealing with South Africa’s structural economic problems.

Gareth Ackerman takes up big business’s plight

Pick n Pay’s chairperson has called out government’s inaction on resolving the country’s structural economic decline

Small farmers to be brought into the fold

A new project aims to help integrate small-scale farmers in Limpopo into the formal food supply chain, the Pleiad Foundation said on Thursday.

Ackerman: Info Bill bad for SA, bad for business

Pick n Pay’s chairperson Gareth Ackerman on Tuesday expressed his opposition to the Protection of Information Bill.

Australia blocks Pick n Pay’s exit strategy

Australia’s competition watchdog has stopped South African grocer Pick n Pay’s sale of Franklins supermarket chain, to prevent creating a monopoly.

Raymond Ackerman hands over to son Gareth

Raymond Ackerman, the founder and until now the chairperson of Pick n Pay, handed the keys to his kingdom to his older son Gareth on Wednesday.