PICK N PAY
It was 1967 when consumer champion Raymond Ackerman purchased the first four Pick n Pay stores in Cape Town. Since then the Group’s vision has grown and expanded to encompass stores in South Africa, Namibia, Botswana, Zambia, Swaziland and Lesotho. In addition, Pick n Pay owns a 49% share of a Zimbabwean supermarket chain, TM Supermarkets.
We procure quality products at the best available prices. By operating a lean and efficient business,
supported by a strong and talented team, we are able to provide our customers with a tailored range of high-quality food, grocery and general merchandise products at competitive prices. Through our ongoing investment in the customer offer, we are able to drive sales and grow value for all our stakeholders.
The strategic focus of the business:
GROW SALES IN LINE WITH, OR AHEAD OF THE MARKET, BY PROVIDING GREAT VALUE, SERVICE AND INNOVATION FOR CUSTOMERS
Focus here is on delivering a first-class fresh, convenience and grocery offer, which gives customers unbeatable prices, value and service. The business is also developing a strong multi-platform and multi-channel retail offer, including standalone clothing and liquor stores and a burgeoning online business. In addition, the Group aims to continue to build its Boxer business into a thriving national limited-range discount format, and to continue to grow sales outside South Africa in a planned and prudent way.
ACHIEVE HIGH LEVELS OF OPERATING EFFICIENCY AND LOWER COSTS TO ENABLE
MAXIMUM REINVESTMENT IN THE CUSTOMER OFFER:
Focus here is on completing the centralisation of the Group’s supply chain and other services,
reducing the cost and improving the accuracy and responsiveness of distribution. The Group also aims to improve the efficiency and cost-effectiveness of its employee costs, both in stores and in its head office structures, while minimising increases in rentals, rates, electricity, water and other charges.
RESTORE THE UNDERLYING PROFIT MARGIN TO A HISTORICALLY SUSTAINABLE LEVEL:
The Group regards a sustained improvement in its underlying profit margin as a lead indicator of
progress in achieving a balanced turnaround characterised both by sustained sales growth and
greater operating efficiency.
Our banners / stores
Pick n Pay surprises local schools with Easter treats
19/04/2019 - 11:57
Two schools were recently surprised with chocolate eggs and hot cross buns ahead of the Easter Weekend.
Pick n Pay approves further expansion in Zimbabwe despite market turbulence
12/04/2019 - 08:58
Pick n Pay, under its joint venture deal in Zimbabwe, has approved an expansion programme in the troubled country despite waning consumer spending power and disturbances to operations in the past few months.
Egg hunting just got more fun for adults with the introduction of Sugarbird® Gin Eggs
11/04/2019 - 14:59
Made by entrepreneurial spirited local gin brand Sugarbird®, the Sugarbird Gin Eggs is the brainchild of co-owners Nzeka Biyela and Rob Heyns.
Pick n Pay to shift plastic bag usage with 20 000 free reusable bags in-stores, every day
09/04/2019 - 14:35
Over the next two weeks, Pick n Pay will give 20 000 customers a free reusable bag every day in stores across the country.
Pick n Pay shares rise on annual turnover growth of nearly 10%
09/04/2019 - 09:39
Pick n Pay, one of South Africa’s largest supermarket chains rose after the group reported turnover growth of almost 10 percent in the financial year to the end of March, underscoring the resilience of its South African division, which clawed back market share from competitors.
Retailers cash in on customer loyalty
04/04/2019 - 08:15
More and more consumers are buying into the idea of loyalty programmes — and it’s paying off for retailers in terms of valuable information, as well as increased revenues.
Consumers rate SA's best supermarkets
28/03/2019 - 11:28
In an intensifying war for consumer share and brand growth and recognition, SA’s big five supermarket brands will need to do more to differentiate themselves when it comes to customer satisfaction.
Pick n Pay introduces blood oranges to its fresh produce offering
22/03/2019 - 10:19
Fruit lovers no longer have to travel to Europe to taste the goodness of blood oranges. Pick n Pay has added rare blood oranges to its fresh produce offering making it the first retailer to offer this unique fruit to customers.
Sainsbury’s and Asda seek to salvage deal with £1bn pledge
20/03/2019 - 08:58
British supermarket groups Sainsbury’s and Asda have committed to deliver £1bn of annual price cuts as they attempt to salvage their proposed combination after being dealt a potentially fatal blow by the regulator.
520+ million Smart Shopper cash-off discounts to be issued for customers
18/03/2019 - 11:49
Pick n Pay’s Smart Shopper will give customers double personalised discounts to help them save even more in the next few weeks.