Pick n Pay is reshaping its store footprint by closing underperforming locations and converting select Pick n Pay stores into Boxer or franchise stores as it looks for a way to turn the business ...

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 ...

JOHANNESBURG, Oct 28 (Reuters) - South African grocery retailer Pick n Pay (PIKJ.J), opens new tab will exit Nigeria by selling its 51% share of a joint venture as part of plans to restructure ...

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

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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 ...

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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.