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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 […]
Pick n Pay's new CEO, Sean Summers, unveils a turnaround plan to restore the struggling South African retailer's market share.
With the Pick n Pay group in some difficulty currently, Gareth Ackerman was brutally honest in a presentation to shareholders this week.
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.