Trading disruptions see PnP suffer R1.7bn revenue loss
New CEO Peter Boone has arrived, during a difficult riotous first-half trading period for the group, aiming at ‘not a revolution, but an evolution’: Lerena Olivier – CFO, Pick n Pay.
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New CEO Peter Boone has arrived, during a difficult riotous first-half trading period for the group, aiming at ‘not a revolution, but an evolution’: Lerena Olivier – CFO, Pick n Pay.
However, the group continues to maintain a strong balance sheet boosted by improved performance by its Boxer and clothing stores.
Bruce Whitfield talks to new(-ish) Pick n Pay CEO Pieter Boone about the retailer's half-year results and future plans.
Bruce Whitfield talks to new(-ish) Pick n Pay CEO Pieter Boone about the retailer's half-year results and future plans.
Pick n Pay says in an update on Covid-19 trading restrictions, that its liquor business lost a further 55 trading days this period.