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Bumpy road forces Ackerman family to let go of control of troubled Pick n Pay after 60 years

Pick n Pay has embarked on a restructuring plan to save its market position and claw out of huge debts, with chairperson Gareth Ackerman set to […]

ðŸ"' Pick n Pay revamp plan could turn the retailer around

Pick n Pay's new CEO, Sean Summers, unveils a turnaround plan to restore the struggling South African retailer's market share.

SA Inc can learn from Pick n Pay's Ackerman

With the Pick n Pay group in some difficulty currently, Gareth Ackerman was brutally honest in a presentation to shareholders this week.

Ackerman family gives up control of Pick n Pay

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ðŸ"' Pick n Pay's strategic overhaul: All the details of the revamp plan

Plagued by market share losses to rivals, Pick n Pay, South Africa's once-leading grocer, faces a strategic overhaul led by its new CEO.

Pick n Pay's plan could turn South African retailer around, say analysts

Break-even targets and a new strategy for South Africa's core Pick n Pay supermarkets seem plausible, analysts said on Tuesday, a day after the new CEO of the struggling retailer outlined his...

South Africa's Pick n Pay chair Gareth Ackerman to retire

South Africa's Pick n Pay's chairman Gareth Ackerman will retire from his role next year after 14 years at the helm of the country's third-biggest supermarket retailer. The Board will...

Ackerman family to give up control of Pick n Pay

After almost six decades, the Ackerman family will give up control of Pick n Pay.

Tycoon's Family to Forego Pick n Pay Control as Retailer Revamps