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  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

Pick n Pay  Ring, ring, kerching!

In a move so brilliant it begs asking, “Why didn’t they think of it before?”, Pick n Pay and MTN have announced a new partnership to bring low-cost ba...    MORE 25/06/14

Pick n Pay  There are pigs. And then there are swine.

Last week’s furore concerned the comparison of pig farms to concentration camps in that august publication, the M&G. An ad taken out by anonymous ...    MORE

IOL 07/07/14

Pick n Pay  La Famiglia

It’s June, the time of year when a brisker wind whistles down the aisles, and the shareholders, stamping their feet and blowing into their hands, begi...    MORE

Business Day 03/06/14

Pick n Pay  “OK, I’ll be the buyer. And I say ‘Get the hell out of my office!’ Then you say?”

Pick n Pay, you will be pleased to know, has spent R800million on goods and services from black-owned companies in the last financial year, R370millio...    MORE

IOL 09/06/14

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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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