The Ackerman family,
which founded South Africa s Pick n Pay, will
relinquish control of the struggling retailer as part of a
revamp aimed at stemming losses, cutting debt and regaining
market share.
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New CEO of South Africa s third biggest grocery retailer Pick n Pay announced on Monday that over 100 loss-making core supermarket stores will either be closed or converted, in a group-wide. -May 27, 2024 at 11:12 am EDT
- MarketScreener
Guitar wizard Sammy Webber will be hosting a star-studded lineup when he celebrates 40 years in the music industry at the Baxter Theatre Centre in Cape Town on Wednesday, 21 November 2018.