QUESTION ONE [20] Read the case study carefully and then answer the questions that follow: Pick n Pay bets on new CEO after sinks into loss JOHANNESBURG, Oct 18 (Reuters) – Pick n Pay will review its strategy after the South African grocery retailer made a half-year loss, the new chief executive officer charged with luring back customers and restoring profits said on Wednesday. By […]
Posted: April 21, 2024
Pick n Pay, Shoprite punt supply-chain optimisation Expansion: Pick n Pay’s new Gauteng distribution centre, Eastport, will cost R2bn to develop, including land and construction. With new store openings and a need for bigger and more efficient distribution centres, large retailers Pick n Pay and Shoprite have teamed up with Equites Property Fund and Fortress Real Estate Investments to develop prime logistics facilities to optimise […]
Posted: September 20, 2023
A consumer complaint against Pick n Pay for a misleading advert for boxes of long-life milk for R69,99 has been upheld by the Advertising Regulatory Board (ARB). Complainant Willem Heckroodt submitted that when he went to buy the advertised special, he was told the offer was limited to two boxes per customer. He felt this was a case of misleading advertising because nowhere in the […]
Posted: April 21, 2023
Pick n Pay posts 5% increase in sales – with strong growth in clothes, booze Pick n Pay grew its sales by more than 5% over the past year, with its clothing division seeing 21% growth and the group’s liquor sales increasing by more than 57%. The latter is despite the loss of 66 liquor trading days due to alcohol sales bans. In the previous […]
Posted: November 22, 2022
