Pick n Pay Stores
Retailer in South Africa From Wikipedia, the free encyclopedia
Pick n Pay Group Ltd. is a South African retailer. It operates 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 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 chain TM Supermarkets.[5]
 | This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (October 2021) |
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| Company type | Public |
|---|---|
| JSE: PIK | |
| Industry | Retail |
| Founded | 1967[1] |
| Founder | Raymond Ackerman |
| Headquarters | Kenilworth, Cape Town, South Africa |
Number of locations | 2,204 (957 company-owned and 747 franchised)[2]: 17 |
Area served | Southern Africa |
Key people |
|
| Revenue | R106.6 billion (2023)[2]: 69 |
| R1.68 billion (2023)[2]: 69 | |
| R1.17 billion (2023)[2]: 69 | |
| Total assets | R42.4 billion (2023)[2]: 73 |
| Total equity | R3.7 billion (2023)[2]: 73 |
Number of employees | 90 000 (2023)[2]: 17 |
| Website | www |
As of 2023, the company was operating at 2,204 locations across eight countries on the African continent.[2]: 17
References
External links
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