Richard Brasher
(CEO of Pick n Pay Stores Limited)

The Pick n Pay Group is South Africa’s second largest food, clothing and general merchandise retailer. The entity is a public company substantially owned and run by the family of legendary founder Raymond Ackerman.

In 1967 Ackerman purchased four small stores from Jack Goldin, launching Pick n Pay as South Africa’s first food discounter. Listed on the JSE the following year as Pick n Pay Stores Ltd, its appearance among the Sunday Times Top 100 companies in 1969 reflected its rapid growth to prominence.

The Group consists of corporate and franchise stores, and has holdings in TM Supermarkets in Zimbabwe (associate). The company has been through a period of heavy investment in building the platform for future growth, with its revitalised brand positioning, aggressive pricing policy, entry into the growing convenience sector, increased geographic and demographic reach both within and outside of South Africa, the relaunch of the private label portfolio and the shift towards a more centralised operation and roll-out of SAP.

Management attributes the growth and success of the Group to an unwavering belief in consumer sovereignty and in applying the ‘four legs of the table’ principle – administration, merchandise, promotion and social responsibility and people. These principles were put into practice at foundation, and continue to be the cornerstone of the Pick n Pay business... MORE

Pick n Pay Group Organigram
Pick n Pay stories in the

Pick n Pay  Do you have what it takes to make $$$ in your spare time?

While rival Woolies has bought back its franchise stores hand over fist, to the often vocal complaints of the buyees and at a cost of R1.1billions, Pi...    MORE

Financial Mail 21/08/14

Pick n Pay  Murder on the shop floor

First up, a story that reminds us of the dust clouds we used to watch forming out on the field during big break when the boys had a matter or two to s...    MORE 11/08/14

Pick n Pay  Or they could get a dog

This one might have slipped by us, and sorry if you’ve heard it before, but apparently Absa and Pick n Pay have cooked up a little scheme which allows...    MORE 24/07/14

Politics  Why can’t we all just get along?

Shalom, and Assalamu alaikum to you. There: approximately 0.5% of this story and 0.75% of it are made in Israel and Palestine, respectively, now go ah...    MORE

IOL 27/07/14

Pick n Pay  Hi ho, hi ho, it’s northward bound we go

PnP’s JV in Zim’s TM (and that’s about as many acronyms as we can muster for now) is closing some of its stores, but converting one to a Pick n Pay ou...    MORE

IOL 04/07/14

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Pick n Pay Office Park
101 Rosmead Avenue
Cape Town

PO Box 23087

TEL 021 658 1000
FAX 021 658 1421


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