South Africa's Pick n Pay Hit By Energy, Store Revamp Costs
Pick n Pay, South Africa's second-biggest supermarket chain, reported a 16.3% fall in annual earnings on Thursday, hit by costs related to store revamps and unp...
Source: esmmagazine.com
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South Africa's Pick n Pay warns earnings may fall again if blackouts persist
JOHANNESBURG, May 4 (Reuters) – Pick n Pay’s PIKJ.J 2023 earnings may not exceed those of the previous year if rolling power cuts persist, the South African supermarket chain said after reporting weaker earnings on Thursday, hit by energy and store revamp costs. Shares of the country’s second-biggest supermarket chain were down 7.09% by 11135 GMT, as the retailer […]
Source: cnbcafrica.com
Pick n Pay results encouraging despite rolling blackouts
Pick n Pay criticised the government's handling of load shedding and its impact on food security.
Source: citizen.co.za
Gareth Ackerman takes up big business's plight – The Mail & Guardian
Pick n Pay’s chairperson has called out government’s inaction on resolving the country's structural economic decline
Source: mg.co.za
Select n Pay'' s Ackerman cautions of social discontent, slams govt'' s ' passivity ' and assistance of Russia|Service
Select n Pay chair Gareth Ackerman has actually called out federal government for its inactiveness in fixing the
Source: graziadaily.co.za