Pick n Pay founder Raymond Ackerman receives lifetime achievement award
Pick n Pay - Oct 26th 2011, 09:17
Pick n Pay founder Raymond Ackerman yesterday received the CNBC Africa All Africa Business Leaders Awards‚Äô (AABLA) Lifetime Achievement award for having achieved phenomenal success as a businessman and for highlighting the importance of philanthropy in business.
The CNBC AABLA Lifetime Achievement accolade is awarded to an individual whose contribution to business growth, innovation, technology and development of the highest quality products and services has been displayed throughout their career. Said the CNBC Africa AABLA team: ‚ÄúRaymond Ackerman is known as the father of the South African retail industry. He is the founder of the Pick n Pay Group and has achieved great success as a business while making a point to be successful in philanthropy as well.‚ÄĚ
Through his incisive leadership Pick n Pay has achieved remarkable status in the South African retail landscape. Under our founder‚Äôs remarkable leadership, Pick n Pay has pioneered hypermarkets, diversified into liquor, clothing and pharmacy, introduced new black ownership into the company through our very successful franchise division, introduced the concept of sustainability nearly a decade before other retailers and invests in growing small farmers and BEE suppliers in order to help address and avoid national food security issues.
Apart from that, Pick n Pay has chosen to take principled positions on issues that the company believed directly affected the future of South Africans. Raymond Ackerman‚Äôs stand on apartheid, monopolies, cartels and regulated consumer prices has been widely-publicised. South Africans have come to expect a ‚Äėvoice‚Äô from Pick n Pay and its leaders on social issues which could have a material effect on their future safety and prosperity.
Said Raymond Ackerman, upon receipt of his Lifetime Achievement Award: ‚Äú I am exceptionally proud of Pick n Pay‚Äôs achievements over the past 43 years. Being an entrepreneur has enabled me to set in motion everything I ever wanted to achieve, and I‚Äôd like to encourage our entrepreneurs-in-waiting to take that first step. I‚Äôd like to thank my family and also the Pick n Pay team, I could not have achieved this award without their support.‚ÄĚ
Pick n Pay's Zim rival raises revenue
14/06/2013 - 09:05
Harare ‚Äď Zimbabwe‚Äôs leading grocer OK Zimbabwe, whose revenues for the year to March 31 surged 16.3% to US$479.6m, is planning to open two new stores and modernise five others during the current year.
Mr Delivery opts for three wheels to service new Pick n Pay contract
11/06/2013 - 08:29
Mr Delivery opts for three wheels, times 60 Mr Delivery has acquired 60 Mahindra three-wheeler vehicles, fitted with specially designed, lockable canopies, to service a new contract for the Pick n Pay Online Shopping delivery service, which operates from a number of hubs in the country.
Namibia: Pick n Pay benefits from anonymous tip-off line
20/05/2013 - 11:42
Shrinkage costs Pick n Pay During the financial year 2011/2012, Pick n Pay lost almost N$8million as a result of theft and pilferage which took place in a number of Pick n Pay stores across the country. In a bid to bring down shrinkage in its stores, the retailer introduced an anonymous tip-off line for the public and its stakeholders.
Zimbabwe: Big brands knock out small retailers
06/05/2013 - 10:36
Experts contend that the introduction of the multiple-currency system in 2009 has seen low income retail shops which thrived during the years of economic meltdown scale down their operations due to heightened competition.
V&A Waterfront reports strong growth in 2013
03/05/2013 - 10:21
New developments, refurbishments and an increase in international brands set to drive continued growth Cape Town, 02 May 2013: The V&A Waterfront continues to track ahead of national retail growth figures in 2013. According to the latest report by Statistics SA, results for the national average sales growth in January indicate a 6.8% increase while the V&A reports show a growth of 11.64% increase for January.