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TM SUPERMARKETS NEWS ON FASTMOVING

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Pick n Pay ups Zim investments

Pick n Pay ups Zim investments

22/08/2014 - 16:11
Harare - Supermarket chain Pick n Pay [JSE:PIK] has released about US$40m split towards funding for an additional equity share and refurbishments of the Meikles groups’ retail arm, TM Supermarkets. read more
Upmarket Meikles retail divisions targets Zimbabwe's poor

Upmarket Meikles retail divisions targets Zimbabwe's poor

07/01/2014 - 10:05
HARARE - Meikles Limited (Meikles) intends to make forays into the lower end of the market as part of strategies to boost revenue and unlock shareholder value. read more
 Pick n Pay’s Zimbabwean partner bullish about prospects

Pick n Pay’s Zimbabwean partner bullish about prospects

03/12/2013 - 09:35
Harare - John Moxon, the chairman of Zimbabwe’s Meikles Africa, which runs TM Supermarkets jointly with South African grocer Pick n Pay, is bullish about future prospects in the country’s retail industry, saying the company has adopted a robust expansion plan to capitalise on the expected shift for the better in consumer spending patterns.  read more
Pick n Pay's Zim rival raises revenue

Pick n Pay's Zim rival raises revenue

14/06/2013 - 09:05
Harare – Zimbabwe’s 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. read more
Zimbabwe: Big brands knock out small retailers

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. read more
TM Supermarkets refurbishes stores in Zimbabwe

TM Supermarkets refurbishes stores in Zimbabwe

10/04/2013 - 08:43
Zimbabwe's TM Supermarkets, in which Pick n Pay is a partner, has invested a further $25m into the retail chain, with the money aimed at transforming its retail outlets through refurbishment of the group’s 50 stores across the country. read more
Zim: Meikles to unveil second Pick ’n’ Pay

Zim: Meikles to unveil second Pick ’n’ Pay

11/12/2012 - 09:47
Zimbabwe Stock Exchange-listed diversified entity Meikles Limited is this week set to unveil is its second state-of-the-art Pick ’n’ Pay supermarket bringing to two such branches in the country. read more
Pick n Pay opens first supermarket in Zimbabwe

Pick n Pay opens first supermarket in Zimbabwe

22/06/2012 - 08:26
Retailer Pick n Pay opened its first supermarket in Kamfinsa, Zimbabwe, on Thursday.  read more
Meikles rolls out Pick’n Pay branch

Meikles rolls out Pick’n Pay branch

05/06/2012 - 09:05
Zimbabwe Stock Exchange-listed conglomerate Meikles Limited is set to open the first Pick’n Pay Supermarket in Kamfinsa, Harare, this month following the injection of $13 million into the group. read more
PnP ups stake in Zimbabwe chain

PnP ups stake in Zimbabwe chain

05/12/2011 - 09:01
Harare - Zimbabwe's competition regulator approved Pick n Pay Stores [JSE:PIK] plans to raise its stake in that country’s biggest grocery merchant, a $13m deal that forms part of the South African food retailer’s expansion plans across the continent. read more