A Boone for Pick n Pay
You're familiar with the saying "the bane of my life" but you may not be aware that the opposite is a "boon" - and recently appointed Pick n Pay (JO:PIKJ) CEO Pieter Boone seems to be...
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Pick n Pay News & Analysis
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Collect Your R350 Grant From Pick n Pay, Boxer Or Post Office
The South African Post Office (SAPO) has announced that approved recipients of the R350 Social Relief of Distress (SRD) grant can now collect their benefit from Pick n Pay (JO:PIKJ) and...
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SA’s B2B Delivery-As-A-Service Platform Orderin Bags R71 Million To Scale Up Infrastructure
Orderin, SA’s B2B delivery-as-a-service platform, has raised $4.7 million (R71 million) in a recently closed pre-series B funding round. The funding will allow the business to scale up...
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South Africa’s Orderin raises $4.7mn
Orderin, South Africa’s only pure Delivery-as-a-Service (DaaS) business with 100% proprietary technology, has raised $4.7 million (R70 million) in a recently closed pre-series B...
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The trends that defined 2021
The past year has seen seismic shifts in how organisations approach work, technology and collaboration. One of the biggest shifts has been the acceptance of hybrid work as a reality –...
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Got Your SASSA SMS? Get Your R350 From Boxer, Pick N Pay
Covid-19 Social Relief of Distress (SRD) grant recipients who have received an SMS from the South African Social Security Agency (SASSA) can now collect their R350 grants.A government notice...
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Discovery Bank And Vitality Money Clients Spent 600 Million Discovery Miles This November
Discovery (JO:DSBPp) Bank and Vitality Money clients spent 600 million Discovery Miles, adding up to R100 million in purchases, this November, according to the CEO of Discovery...
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3 Distinct Industries that are Kick-Starting Job Creation in South Africa
There is absolutely no doubt that South Africa is in the midst of a major unemployment crisis.The latest stats show that the official unemployment rate is 34.4%, a record high. The expanded...
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Pick n Pay Launching its “Biggest Online Black Friday” Ever
Pick n Pay (JO:PIKJ) has launched its early online-only Black Friday deals and this year customers across South Africa can have these exclusive online deals delivered to their door as early...
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Pick N Pay Earnings miss, Revenue beats In Q2
Investing.com - Pick N Pay reported second quarter {{erl-50095||earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts. The firm reported earnings per...
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Deals of the day-Mergers and acquisitions
May 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1230 GMT on Monday:** U.S.-based Trulieve Cannabis Corp TRUL.CD said it plans to buy medical...
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S.Africa's Clicks to acquire retailer Pick N Pay's pharmacies
JOHANNESBURG, May 10 (Reuters) - South African pharmacist Clicks CLSJ.J said on Monday it planned to acquire 25 in-store pharmacies, their drug stocks and staff from retailer Pick N Pay...
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Pick N Pay Earnings miss, Revenue beats In Q4
Investing.com - Pick N Pay reported fourth quarter {{erl-50095||earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts. The firm reported earnings per...
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UPDATE 2-S.Africa's Pick n Pay eyes lower to mid-income communities with new stores
* Investing a further $175 mln in new stores, supply chain* Less affluent market to deliver greatest growth* FY HEPS down 21.4% on COVID-19 restrictions, one-off costs* Lost 4 bln rand worth...
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BRIEF-Pick N Pay Stores FY HEPS 229.31 Cents
April 21 (Reuters) - Pick N Pay Stores Ltd PIKJ.J :* JSE: PIK - SUMMARISED GROUP FINANCIAL RESULTS FOR THE 52 WEEKS ENDED 28 FEBRUARY 2021 AND DECLARATION OF FINAL DIVIDEND* PICK N PAY...
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S.Africa's Pick n Pay annual profit slumps on COVID-19 restrictions, once-of costs
JOHANNESBURG, April 21 (Reuters) - South African grocery retailer Pick n Pay PIKJ.J reported a 21.4% decline in annual earnings on Wednesday, weighed down by the ban on the sale of alcohol...
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South African Markets - Factors to watch on April 21
JOHANNESBURG, April 21 - The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Wednesday.ECONOMIC...
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UPDATE 1-South Africa's rand hits 6-week best, stocks fall on sluggish manufacturing data
(Adds latest prices, analyst quotes)JOHANNESBURG, April 8 (Reuters) - South Africa's rand rallied to its best level in six-weeks on Thursday, shaking off sluggish manufacturing data as...
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BRIEF-Pick N Pay Stores Sees FY Diluted HEPS Between 217.79 Cents And 246.82 Cents
April 8 (Reuters) - Pick N Pay Stores Ltd PIKJ.J :* JSE: PIK - TRADING AND EARNINGS UPDATE* PICK N PAY STORES LTD - FY GROUP TURNOVER GROWTH OF 4.3%* PICK N PAY STORES LTD - REMAINS ON TRACK...
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BRIEF-Pick N Pay Stores Announces Retirement Of Executive Director
March 5 (Reuters) - Pick N Pay Stores Ltd PIKJ.J :* ON REACHING GROUP'S NORMAL RETIREMENT AGE, RICHARD VAN RENSBURG WILL BE RETIRING FROM HIS POSITION AS EXECUTIVE DIRECTOR
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UPDATE 1-South Africa's Pick n Pay CEO Brasher to retire in April
(Adds detail) JOHANNESBURG, Jan 14 (Reuters) - Richard Brasher, the chief executive of South Africa's Pick n Pay Stores Ltd PIKJ.J , will retire with effect from April 21 after eight years...
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South Africa's Pick n Pay CEO Brasher to retire in April
JOHANNESBURG, Jan 14 (Reuters) - Richard Brasher, the chief executive of South Africa's Pick n Pay Stores Ltd PIKJ.J , will retire with effect from April 21 after eight years at the helm,...
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BRIEF-Pick N Pay Stores Says Richard Brasher To Retire As CEO
Jan 14 (Reuters) - Pick N Pay Stores Ltd PIKJ.J :* JSE: PIK - RICHARD BRASHER TO RETIRE AS CEO OF PICK N PAY, PIETER BOONE APPOINTED AS HIS SUCCESSOR* PICK N PAY STORES LTD - RICHARD BRASHER...
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South African retailer Pick n Pay launches mobile phone service
JOHANNESBURG, Nov 18 (Reuters) - South African grocery retailer Pick n Pay PIKJ.J will start providing mobile phone services to try to grow its value-added and financial services business,...
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Picknpay Earnings miss, Revenue beats In Q2
Investing.com - Picknpay (JO:PIKJ) reported second quarter {{erl-50095||earnings that missed analysts' expectations on Tuesday and revenue that topped forecasts. The firm reported...
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UPDATE 1-South Africa's rand gains on yield hunt, U.S. stimulus hopes
(Adds latest prices, analyst comments)JOHANNESBURG, Oct 20 (Reuters) - South Africa's rand firmed on Tuesday, building on recent gains as investor demand for high-yielding, riskier assets...
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UPDATE 2-South Africa's Pick n Pay ventures into difficult Nigerian market
* Nigeria entry in partnership with A.G. Leventis * First-half earnings down 56.3% * Earnings hit by coronavirus crisis and one-off costs * Shares up 3.2% (Recasts on expansion in...
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BRIEF-SA's Competition Commission Signs Consent Agreement With Pick N Pay To Eliminate Exclusive Leases In Malls
Oct 20 (Reuters) - SA'S Competition Commission: * SIGNED CONSENT AGREEMENT WITH PICK N PAY TO ELIMINATE EXCLUSIVE LEASES IN MALLS AFTER RECOMMENDATIONS OF MARKET INQUIRY Further company...
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S.Africa's Pick n Pay buys on-demand online grocery delivery firm Bottles
JOHANNESBURG, Oct 20 (Reuters) - South Africa's supermarket chain Pick n Pay PIKJ.J said on Tuesday it had concluded an agreement to buy on-demand online grocery delivery firm Bottles to...
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