Pick n Pay shake-up focuses on future to counter R3.2bn loss
The retailer, which also posted an interim loss last year, is on track to achieve profitability with its new plan, says CEO Sean Summers.
Source: dailymaverick.co.za
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Pick n Pay to liquidate major franchisee's business
This comes after the high court found against John Baladakis’s family-owned group over its R224-million debt to the retail giant.
Source: dailymaverick.co.za
Judge rules for embattled retailer Pick n Pay in dispute with franchisee
Friday’s judgment allowed the group the right to attach the property of a large franchisee, which ran into arrears because its new discounting model.
South Africa Richard Brasher Tamra Veley Pieter Boone John Baladakis Gauteng Division Of The High Court
Source: dailymaverick.co.za