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  Slow but steady

So those Pick n Pay results, then: turnover up 7% to R77.5bn, with after tax profit up 17% to R1.2bn. The former they attribute to "disruption to trad...    MORE

Ti Analyst 19/04/17

Boxer  As sharp as an assegai, 40 years stronger

Mum’s the Word if you put Brasher on the spot to give you the lowdown on Boxer’s financial performance, as Pick n Pay does not segment the Bo...    MORE

Tatler Reporter 20/04/17

Pick n Pay  Where the Smart money is

What can this mean? Pick n Pay is cutting in half the generosity of its vaunted Smart Shopper programme, meaning that where once you could spend R100 ...    MORE

The Citizen 04/04/17

Pick n Pay  Mmmmmm.

Bit of a minor reshuffle in Swaziland for the Big Blue: four franchise stores previously owned by the Foster family have been bought by a consortium c...    MORE

The Observer 27/03/17

Pick n Pay Office Park
101 Rosmead Avenue
Cape Town

PO Box 23087

TEL 021 658 1000
FAX 021 658 1421