Pick n Pay Stores
 | This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (October 2021) |
 | |
| Company type | Public |
|---|---|
| JSE: PIK | |
| Industry | Retail |
| Founded | 1967[1] |
| Founder | Raymond Ackerman |
| Headquarters | Kenilworth, Cape Town, South Africa |
Number of locations | 2,204 (957 company-owned and 747 franchised)[2]: 17 |
Area served | Southern Africa |
Key people |
|
| Revenue |  R106.6 billion (2023)[2]: 69 |
 R1.68 billion (2023)[2]: 69 | |
| R1.17 billion (2023)[2]: 69 | |
| Total assets | R42.4 billion (2023)[2]: 73 |
| Total equity | R3.7 billion (2023)[2]: 73 |
Number of employees | 90 000 (2023)[2]: 17 |
| Website | www |
Pick n Pay Group Ltd. is a South African retailer. It operates three brands – Pick n Pay, Boxer and TM Supermarkets. Pick n Pay also operates one of the largest online grocery platforms in sub-Saharan Africa. Raymond Ackerman purchased the first four Pick n Pay stores in Cape Town in 1967 from Jack Goldin.[4] Since then, the Group has grown to encompass stores across South Africa, Namibia, Botswana, Zambia, Nigeria, Eswatini and Lesotho. Pick n Pay also owns a 49% share of Zimbabwean chain TM Supermarkets.[5]
As of 2023, the company was operating at 2,204 locations across eight countries on the African continent.[2]: 17
References
[edit]- ^ Pick n Pay website, About Us
- ^ a b c d e f g h "Integrated Annual Report 2023" (PDF). www.picknpayinvestor.co.za. 26 February 2023. Retrieved 10 September 2023.
- ^ Hogg, Alec (2023-10-02). "Combative Sean Summers is back at Pick 'n Pay - Gareth Ackerman appoints group's ex-CEO in masterful coup". BizNews.com. Retrieved 2024-01-05.
- ^ Cone, Matteo (2013-12-01). "King of the Clicks' empire". Tribute to Jack Goldin. Retrieved 2022-04-23.
- ^ "Pick n Pay Stores Ltd.:Integrated Annual Report 2018" (PDF).
