South African retailer, Pick n Pay has announced it will exit Nigeria, selling its 51 per cent stake in a joint venture as part of a strategy to restructure operations outside of its home market ...

SOUTH African retail giant Pick n Pay Group Limited (Pick n Pay) has written down its investment in TM Supermarkets (Pvt) Limited (TM) to zero, citing on ongoing losses. Pick n Pay, which owns a ...

Retail group Pick n Pay has posted a R827.4 million loss for the interim period of 26 weeks ending 25 August 2024—extending losses by 45% compared to the same period last year. The group saw 3.7 ...

Pick n Pay continued closing down corporate and franchise stores across South Africa as part of its turnaround and ahead of its separate listing of Boxer. On Thursday, Pick n Pay, which owns Pick ...

JOHANNESBURG, Oct 17 (Reuters) - South African grocery retailer Pick n Pay (PIKJ.J), opens new tab on Thursday forecast a wider half-year headline loss, but said it expects its full-year result ...

Food insecurity isn’t a new problem, but it’s getting worse. Schools participating in the Pick n Pay School Club, which reaches more than two million learners annually, reported that food has ...

Pick n Pay anticipates a 20%-10% decline in headline earnings per share for the first half of 2024, despite strong performance from Boxer and ongoing recapitalisation efforts. The group reported ...

South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join ...

Iconic cartoonist, Zapiro has teamed up with Pick n Pay Clothing for a collectors’ range of T-shirts celebrating the Springboks’ achievements on the field and their emergence as a force for ...

South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join ...

In a bid to regain momentum in the supermarket retail war with Shoprite, the struggling Pick n Pay group has partnered with ...

South African grocery retailer, Pick n Pay has disclosed that it will exit Nigeria by selling its 51% share of a joint venture as part of plans to restructure outside of its home market.