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 stories in the

Pick n Pay  Get Smart

Pick n Pay has just released its new smartphone app, and it’s a scorcher. Downloaded 10,000 times within the first 24 hours of release of the Android ...    MORE

Business Tech 07/08/17

Pick n Pay  Ripe for the clicking

Last week, we mentioned in passing that Pick n Pay was adding a second online DC to the one already up and running in Cape Town, where click-happy cus...    MORE

Business Day 02/07/17

Boxer Superstores  Title bout

Congratulations to our friends at Boxer Superstores for picking up top prize in the Trade category of the KZN Top Business Awards, ahead of fellow-fin...    MORE

Tatler Reporter 08/08/17

Pick n Pay  Max Headroom

Pick n Pay has given the market notice that job cuts to the tune of 10% of its workforce – or 3,500 souls – will weigh on its first-half results. The ...    MORE

Business Day 31/07/17

Pick n Pay Office Park
101 Rosmead Avenue
Cape Town

PO Box 23087

TEL 021 658 1000
FAX 021 658 1421