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pick n paylatest news & developments
‘Got money on my mind’: Pick n Pay’s ad features US rapper Rick Ross (left), local comedian Schalk Bezuidenhout (right) and DJ Khaled ‘s tune.

An indigestible helping of hype

If stores must wheel out celebs to make us buy what we can’t afford, make it Snoop Dog and Martha Stewart

ERA celebrates 7 Days of Eco-activism for National E-waste Day

Spotlight on recycling with consumer campaign & industry engagement

Redefine currently leases 73 116 square metres to Pick n Pay.  (Waldo Swiegers/Bloomberg via Getty Images)

Pick n Pay, Ster-Kinekor unprofitable for Redefine

The property group says it is reducing space it lets to underperforming tenants

About 5 000 farmers supply fresh produce to the Joburg market. (Delwyn Verasamy/M&G)

Call for reform and pricing transparency in South Africa’s fresh produce markets

The Competition Commission has said that practises by fertiliser, agrochemical and seed companies may also distort competition

Spar chief executive Angelo Swartz

Spar looks to delivery as profits decline

The grocery retailer grew online volumes by 463%, albeit from a low base

Way out: Gareth Ackerman will step down as Pick n Pay’s board chairperson and has already relinquished control over making executive appointments. Photo: Dwayne Senior/Getty Images

Ackerman retreat gives Pick n Pay a lift

The family’s decision to relinquish control over the grocery retailer gives their new chief executive more room to turn the business around

Redefine currently leases 73 116 square metres to Pick n Pay.  (Waldo Swiegers/Bloomberg via Getty Images)

Ackerman family to relinquish control of struggling Pick n Pay

The announcement comes after another disappointing set of results, in which the group reported a massive decline in its trading profit This content is restricted to registered…

Checkers has successfully capitalised on their online offerings, becoming a leader within their respective category.

Online shopping is booming in South Africa

Consumers are increasingly turning to online supermarkets to buy essential goods

In a bid to decrease costs, producers may either reduce the quantity of foods and beverages or they may make the product with cheaper ingredients. Photo: Lefty Shivambu/Gallo Images

Vegetable and other food prices remain high

The M&G’s basic food basket survey shows that supermarket prices don’t always drop when those at fresh produce markets do

After a lengthy process, Impala Platinum’s takeover of Royal Bafokeng Platinum (RBPlat) was finally completed in July.
 Photographer: Waldo Swiegers/Bloomberg via Getty Images

Corporate news that made headlines in 2023

The M&G takes a look back at the share price crashes, the historic leadership changes and the surprising appointments

Major JSE–listed clothing retailers have rejected the department of employment and labour concerns that they are “unwittingly” supporting “inhumane and sweatshop conditions” in the clothing and textile sector in KwaZulu-Natal, insisting that they adhere to regulations. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images)

JSE-listed clothing retailers want labour department to shut down sweatshops

The South African Clothing and Textile Workers Union has said people are working from 10 to 16 hours a day, seven days a week for as little as R120 to R200 a week

(Graphic: John McCann)

Africa in the next decade is not a singular story

The old trade winds are blowing again and we must take notice, writes editor-in-chief Ron Derby

A recent 1,900-mile journey from mines in Congo and Zambia shows how, a century after commercial mining began here, the worlds hunger for copper is again reshaping the region. Photographer: Zinyange Auntony/Bloomberg via Getty Images

Zambia’s economy is controlled by foreigners

After nearly six decades of independence the need for real change in the country hasn’t diminished

Sean Summers.

Interview: Sean Summers on Pick n Pay’s turnaround

The retailer released a grim set of results on Wednesday, which saw its shares plummet more than 14%

Call to switch to cage free egg farming

There are pros and cons to cage free and free range farming when it comes to disease control and the bottom line

Classic: Sean Summers returns

Pick n Pay: Summers is back, but will the Ackermans check out?

The prodigal son’s return may usher in a new era for the retailer, which has languished under the Ackerman family’s control

Sean Summers.

Summers returns to revamp vintage Pick ‘n Pay with Ferrari drive

The retailer announced that outgoing Pick n Pay chief executive Pieter Boone would be replaced by Sean Summers, who led the company from 1999 to 2006

Maeve Commins regularly shops around for fresh food at discounted prices and freezes it to save money every month. Photo: Lyse Comins

Middle income consumers chase food bargains

The poor are assisted by taxpayers, the rich don’t feel it, but the middle class slips through through the gap in tough economic times

Bargain: Prices at the Durban Fresh Produce Market are about two to three times lower than those bought at retailers such as Woolworths, Spar, Pick n Pay and Checkers. (Rogan Ward)

Pick n Pay, Woolworths and Checkers charge up to 300% more for fresh produce

Fresh produce markets in cities around the country provide people with a cheaper shopping alternative, but not many cash-strapped households are aware of the benefits of cutting…

How South Africa’s major retailers are reducing food waste

Woolworths donates surplus food to 890 local charities across South Africa, every day