Pick n Pay: latest retail news, insights and analysis | ESM Magazine

South Africa's Pick n Pay Prices Rights Issue At 32.48% Discount

South Africa's Pick n Pay will issue 252.2 million new shares at 15.86 rand per share in a rights offer to raise 4 billion rand ($221 million), it said.

South Africa's Pick n Pay Chair Gareth Ackerman To Retire

The chairman of South Africa's Pick n Pay, Gareth Ackerman, will retire from his role next year after 14 years at the helm of the country's third-biggest s...

South Africa's SPAR Steps Up Battle For Affluent And Discount Shoppers

South Africa's SPAR Group plans to open premium and discount grocery stores while also entering new niche retail markets, its chief executive sai...

7 Retail And Food Trends To Watch In Africa In 2024

In Africa, the retail and food industries have been undergoing major changes in recent years. Here here are seven trends to watch.

South Africa's Pick n Pay Plans €190m Rights Issue, Listing Of Discounter Boxer

South Africa's Pick n Pay said it was planning a rights issue to raise up to 4 billion rand (€190 million) and listing its discount grocery chain Boxe...

Top 5 Supermarket Retail Chains In South Africa

ESM looks at the top five supermarket retail chains in South Africa, according to their most recently-available full-year turnover.

Pick n Pay Founder Raymond Ackerman Passes Away Aged 92

Raymond Ackerman, who founded Pick n Pay from just four stores 56 years ago and turned them into one of South Africa's leading grocery retailers,...

South Africa's Shoprite Will Spend $440m To Support Market Share Growth

Shoprite plans to spend about 8.5 billion rand ($443 million) to increase supply chain capacity, add stores and strengthen its digital capability, Sou...