Tag: Pick n Pay

South Africa’s Pick n Pay warns of 50% decline in half-year earnings

JOHANNESBURG (Reuters) - South Africa’s supermarket chain Pick n Pay flagged a more than 50% fall in first-half earnings on Tuesday, weighed down by not being able to sell alcohol,...

Boxer Superstores opens its 300th store despite COVID-19 crisis

Boxer Superstores, a subsidiary of Pick n Pay have recently opened its 300th store amid the Covid-19 storm that has hurt many South African retailers. The group also plans on opening its Polokwane distribution centre by the end of this year and sees many more expansions in the horizon. Marek Masojada, Managing Director of Boxer Superstores joins CNBC Africa for more.

Nestlé introduces second Starbucks At Home range in SA

Nestle South Africa is introducing its second phase of the Starbucks At Home range in retail stores such as Checkers, Pick ‘n Pay, Spar and Makro. The launch comes amid the Covid-19 crisis taking a knock on traditional coffee houses and some non-essential products. Nestle South Africa CEO, Bruno Olierhoek joins CNBC Africa for more.

Pick ‘n Pay on earnings, Zimbabwe & TymeBank

Pick n Pay, one of Africa's largest retailers, has delivered strong results in the midst of a tough trading environment. The groups headline earnings per share grew 17.5 per cent to 91.28 cents and with its trading profit in its South African business up by 16.4 per cent. Pick 'n Pay CEO, Richard Brasher joins CNBC Africa for more.

Pick n Pay is looking at ways to externalise dividends from Zimbabwe – Ackerman

Pick n Pay plans to expand to Nigeria this year. Chairman of one of Africa's largest retailers, Pick n Pay, Gareth Ackerman explains why and shares his views on its operations in Zimbabwe.

4 Stocks Absa Stockbrokers & Portfolio Management are watching in 2019

Craig Pheiffer gives his stock picks for 2019.

Pick n Pay celebrates 50 years on the JSE

Pick n Pay celebrates 50 years of being listed on the JSE. CNBC reporter, Anazi Zote attended the event and filed this report.

Pick ‘n Pay profit up despite tough times

Pick 'n Pay profit up despite tough times
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