Pick n Pay Stores
(Redirected from Pick 'n Pay Stores Limited)
 | This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (October 2021) |
 | |
| Type | Public |
|---|---|
| JSE: PIK | |
| Industry | Retail |
| Founded | 1967[1] |
| Headquarters | Kenilworth, Cape Town, South Africa |
Number of locations | 1,628 (968 company-owned and 660 franchised)[2] |
Area served | Southern Africa |
Key people | Gareth Ackerman: (Non-executive Chairman)
Pieter Boone: (CEO) Lerena Olivier: (CFO) |
| Revenue |  R93.0 billion (2021)[2] |
| R15.25 billion (2018)[2] | |
 R967.1 million (2021)[3] | |
| Total assets | R37.8 billion (2021)[3] |
| Total equity | R4.02 billion (2018)[2] |
Number of employees | 90 000[3] |
| Website | www |
The Pick n Pay Group is a retail business in the fast-moving consumer goods industry. The Group operates through multiple store formats under 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, South Africa, 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 supermarket chain, TM Supermarkets.[5]
As of 2021, the company was operating at 1,994 locations across eight countries on the African continent.
Store types
- Pick n Pay Hypermarkets 21 (owned)
- Pick n Pay Supermarkets 530 (287 owned and 243 franchise)
- Pick n Pay Clothing 255 (235 owned and 20 franchise)
- Pick n Pay Liquor 506 (264 owned and 242 franchise)
- Pick n Pay Express 174 (franchise)
- Pick n Pay Market stores 38 (Spaza partners)
- Boxer Supermarkets 208 (owned)
- Boxer Punch 17 (owned)
- Boxer Build 30 (owned)
- Boxer Liquor 87 (owned)
- TM Supermarkets 61 (associate – 33 trading as TM; 28 trading as Pick n Pay)
References
- ^ Pick n Pay website, About Us
- ^ a b c d "Annual Report 2021" (PDF). Pick n Pay. Retrieved 2021-10-20.
- ^ a b c https://www.picknpayinvestor.co.za/downloads/annual-report/2021/pick-n-pay-iar-new.pdf[bare URL PDF]
- ^ 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).
External links
- Pick n Pay
- www.picknpayinvestor.co.za
Categories:
- All articles with bare URLs for citations
- Articles with bare URLs for citations from March 2022
- Articles with PDF format bare URLs for citations
- Articles with short description
- Articles lacking reliable references from October 2021
- All articles lacking reliable references
- Retail companies established in 1967
- Publicly traded companies
- Food retailers
- Companies listed on the Johannesburg Stock Exchange
- Companies based in Cape Town
- Retail companies of South Africa
- 1967 establishments in South Africa
- South African brands