[go: nahoru, domu]
Jump to content

Pick n Pay Stores: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
Citation bot (talk | contribs)
Bots
5,160,430 edits
Alter: title. | Use this bot. Report bugs. | Suggested by BorgQueen | Category:Articles lacking reliable references from October 2021 | #UCB_Category 901/907
spaza
 
(18 intermediate revisions by 13 users not shown)
Line 13: Line 13:
| successor =
| successor =
| foundation = {{start date and age|1967}}<ref>[https://www.pnp.co.za/about-us/history Pick n Pay website, About Us]</ref>
| foundation = {{start date and age|1967}}<ref>[https://www.pnp.co.za/about-us/history Pick n Pay website, About Us]</ref>
| founder =
| founder = [[Raymond Ackerman (businessman)|Raymond Ackerman]]
| defunct =
| defunct =
| location = [[Kenilworth, Cape Town]], South Africa
| location = [[Kenilworth, Cape Town]], South Africa
| area_served = Southern Africa
| area_served = [[Southern Africa]]
| key_people = Gareth Ackerman: (Non-executive Chairman)
| key_people = Gareth Ackerman: (Non-executive Chairman)
Sean Summers: (CEO)<ref>{{Cite web |last=Hogg |first=Alec |date=2023-10-02 |title=Combative Sean Summers is back at Pick 'n Pay - Gareth Ackerman appoints group's ex-CEO in masterful coup |url=https://www.biznews.com/sa-investing/2023/10/02/combative-sean-summers-is-back-at-pick-n-pay-gareth-ackerman-appoints-groups-ex-ceo-in-masterful-coup |access-date=2024-01-05 |website=BizNews.com |language=en-GB}}</ref>
Pieter Boone: (CEO)
Lerena Olivier: (CFO)
Lerena Olivier: (CFO)
| industry = [[Retail]]
| industry = [[Retail]]
Line 24: Line 24:
| production =
| production =
| services =
| services =
| revenue = {{increase}} [[South African rand|R]]93.0 billion (2021)<ref name= "Annual Report 2018">{{cite web|url= https://www.picknpayinvestor.co.za/downloads/annual-report/2021/pick-n-pay-iar-new.pdf|title=Annual Report 2021 |author= |publisher=Pick n Pay |date= |accessdate=2021-10-20}}</ref>
| revenue = {{increase}} [[South African rand|R]]106.6 billion (2023)<ref name="AR2023">{{Cite web |date=26 February 2023 |title=Integrated Annual Report 2023 |url=https://www.picknpayinvestor.co.za/downloads/annual-report/2023/integrated-annual-report-2023-spreads.pdf |access-date=10 September 2023 |website=www.picknpayinvestor.co.za}}</ref>{{rp|}}{{rp|69}}
| operating_income = {{increase}} R15.25 billion (2018)<ref name= "Annual Report 2018"/>
| operating_income = {{decrease}} R1.68 billion (2023)<ref name=AR2023/>{{rp|69}}
| net_income = {{decrease}} R967.1 million (2021)<ref name= "Annual Report 2021">https://www.picknpayinvestor.co.za/downloads/annual-report/2021/pick-n-pay-iar-new.pdf {{Bare URL PDF|date=March 2022}}</ref>
| net_income = {{decrease}} R1.17 billion (2023)<ref name=AR2023/>{{rp|69}}
| aum =
| aum =
| assets = {{increase}} R37.8 billion (2021)<ref name= "Annual Report 2021"/>
| assets = {{increase}} R42.4 billion (2023)<ref name=AR2023/>{{rp|73}}
| equity = {{increase}} R4.02 billion (2018)<ref name= "Annual Report 2018"/>
| equity = {{decrease}} R3.7 billion (2023)<ref name=AR2023/>{{rp|73}}
| owner =
| owner =
| locations = 1,628 (968 company-owned and 660 franchised)<ref name= "Annual Report 2018"/>
| locations = 2,204 (957 company-owned and 747 franchised)<ref name=AR2023/>{{rp|17}}
| num_employees = 90 000<ref name= "Annual Report 2021"/>|
| num_employees = 90 000 (2023)<ref name=AR2023/>{{rp|17}}
| divisions =
| divisions =
| subsid =
| subsid =
| homepage = {{url|https://www.pnp.co.za}}
| homepage = {{URL|https://www.pnp.co.za}}
| footnotes =
| footnotes =
}}
}}


The '''Pick n Pay Group''' is a retail business in the fast-moving consumer goods industry. The Group operates through multiple store formats under three brands – Pick n Pay, Boxer and TM Supermarkets. Pick n Pay also operates one of the largest online grocery platforms in [[sub-Saharan Africa]]. [[Raymond Ackerman (businessman)|Raymond Ackerman]] purchased the first four Pick n Pay stores in [[Cape Town]], [[South Africa]], in 1967 from Jack Goldin.<ref>{{Cite web |last=Cone |first=Matteo |date=2013-12-01 |title=King of the Clicks' empire |url=https://mc1a.wordpress.com/2013/12/01/king-of-the-clicks-empire/ |access-date=2022-04-23 |website=Tribute to Jack Goldin |language=en}}</ref> Since then, the Group has grown to encompass stores across South Africa, [[Namibia]], [[Botswana]], [[Zambia]], [[Nigeria]], [[eSwatini|Eswatini]] and [[Lesotho]]. Pick n Pay also owns a 49% share of Zimbabwean supermarket chain, TM Supermarkets.<ref>{{Cite web |title=Pick n Pay Stores Ltd.:Integrated Annual Report 2018 |url=https://www.picknpayinvestor.co.za/downloads/annual-report/2018/picknpay-ir-2018.pdf}}</ref>
The '''Pick n Pay Group''' is a South African retailer. It operates three brands – Pick n Pay, Boxer and TM Supermarkets. Pick n Pay also operates one of the largest online grocery platforms in [[sub-Saharan Africa]]. [[Raymond Ackerman (businessman)|Raymond Ackerman]] purchased the first four Pick n Pay stores in [[Cape Town]] in 1967 from Jack Goldin.<ref>{{Cite web |last=Cone |first=Matteo |date=2013-12-01 |title=King of the Clicks' empire |url=https://mc1a.wordpress.com/2013/12/01/king-of-the-clicks-empire/ |access-date=2022-04-23 |website=Tribute to Jack Goldin |language=en}}</ref> Since then, the Group has grown to encompass stores across South Africa, [[Namibia]], [[Botswana]], [[Zambia]], [[Nigeria]], [[eSwatini|Eswatini]] and [[Lesotho]]. Pick n Pay also owns a 49% share of Zimbabwean chain TM Supermarkets.<ref>{{Cite web |title=Pick n Pay Stores Ltd.:Integrated Annual Report 2018 |url=https://www.picknpayinvestor.co.za/downloads/annual-report/2018/picknpay-ir-2018.pdf}}</ref>


As of 2021, the company was operating at 1,994 locations across eight countries on the [[Africa|African continent]].
As of 2023, the company was operating at 2,204 locations across eight countries on the [[Africa|African continent]].<ref name=AR2023/>{{rp|17}}


==Store types==
==Store types==


* Pick n Pay Hypermarkets            21          (owned)
* Pick n Pay Hypermarkets            22          (owned)
* Pick n Pay Supermarkets           530        (287 owned and 243 franchise)
* Pick n Pay Supermarkets           530        (287 owned and 243 franchise)
* Pick n Pay Clothing                    255        (235 owned and 20 franchise)
* Pick n Pay Clothing                    255        (235 owned and 20 franchise)
* Pick n Pay Liquor                       506        (264 owned and 242 franchise)
* Pick n Pay Liquor                       506        (264 owned and 242 franchise)
* Pick n Pay Express                    174        (franchise)
* Pick n Pay Express                    174        (franchise)
* Pick n Pay Market stores            38          (Spaza partners)
* Pick n Pay Market stores            38          ([[Spaza shop|Spaza]] partners)
* Boxer Supermarkets                   208        (owned)
* Boxer Supermarkets                   208        (owned)
* Boxer Punch                               17          (owned)
* Boxer Punch                               17          (owned)
Line 63: Line 63:
==External links==
==External links==
*[http://www.picknpay.co.za Pick n Pay]
*[http://www.picknpay.co.za Pick n Pay]
*www.picknpayinvestor.co.za
*[https://www.picknpayinvestor.co.za www.picknpayinvestor.co.za]


{{portalbar|Companies|Supermarkets}}
{{portalbar|Companies|Supermarkets}}

Latest revision as of 13:56, 4 July 2024

For other stores named Pick-n-Pay, see Pick 'n Pay (disambiguation).
Pick n Pay Stores Ltd.
Company typePublic
JSE: PIK
IndustryRetail
Founded1967; 57 years ago (1967)[1]
FounderRaymond Ackerman
HeadquartersKenilworth, Cape Town, South Africa
Number of locations
2,204 (957 company-owned and 747 franchised)[2]: 17 
Area served
Southern Africa
Key people
Gareth Ackerman: (Non-executive Chairman)

Sean Summers: (CEO)[3]

Lerena Olivier: (CFO)
RevenueIncrease R106.6 billion (2023)[2]: 69 
Decrease R1.68 billion (2023)[2]: 69 
Decrease R1.17 billion (2023)[2]: 69 
Total assetsIncrease R42.4 billion (2023)[2]: 73 
Total equityDecrease R3.7 billion (2023)[2]: 73 
Number of employees
90 000 (2023)[2]: 17 
Websitewww.pnp.co.za

The Pick n Pay Group is a South African retailer. It operates three brands – Pick n Pay, Boxer and TM Supermarkets. Pick n Pay also operates one of the largest online grocery platforms in sub-Saharan Africa. Raymond Ackerman purchased the first four Pick n Pay stores in Cape Town in 1967 from Jack Goldin.[4] Since then, the Group has grown to encompass stores across South Africa, Namibia, Botswana, Zambia, Nigeria, Eswatini and Lesotho. Pick n Pay also owns a 49% share of Zimbabwean chain TM Supermarkets.[5]

As of 2023, the company was operating at 2,204 locations across eight countries on the African continent.[2]: 17 

Store types

[edit]
  • Pick n Pay Hypermarkets            22          (owned)
  • Pick n Pay Supermarkets           530        (287 owned and 243 franchise)
  • Pick n Pay Clothing                    255        (235 owned and 20 franchise)
  • Pick n Pay Liquor                       506        (264 owned and 242 franchise)
  • Pick n Pay Express                    174        (franchise)
  • Pick n Pay Market stores            38          (Spaza partners)
  • Boxer Supermarkets                   208        (owned)
  • Boxer Punch                               17          (owned)
  • Boxer Build                                 30          (owned)
  • Boxer Liquor                               87          (owned)
  • TM Supermarkets                       61          (associate – 33 trading as TM; 28 trading as Pick n Pay)                                                  

References

[edit]
  1. ^ Pick n Pay website, About Us
  2. ^ a b c d e f g h "Integrated Annual Report 2023" (PDF). www.picknpayinvestor.co.za. 26 February 2023. Retrieved 10 September 2023.
  3. ^ Hogg, Alec (2023-10-02). "Combative Sean Summers is back at Pick 'n Pay - Gareth Ackerman appoints group's ex-CEO in masterful coup". BizNews.com. Retrieved 2024-01-05.
  4. ^ Cone, Matteo (2013-12-01). "King of the Clicks' empire". Tribute to Jack Goldin. Retrieved 2022-04-23.
  5. ^ "Pick n Pay Stores Ltd.:Integrated Annual Report 2018" (PDF).
[edit]
Retrieved from "https://en.wikipedia.org/w/index.php?title=Pick_n_Pay_Stores&oldid=1232584002"