Search results for 'pick n pay'
South Africa
Pick n Pay’s Strategic Pivot: Online Growth Pacifies Physical Store Closures
The global retail landscape is undergoing a seismic shift, driven by the rapid rise of online sales and the gradual decline of traditional brick-and-mortar stores. This trend is reshaping the supermar
Feb 05, 2025
Markets
Woolies Appoints First Black CEO as Veteran Insider Sam Ngumeni Takes the Helm
The restructuring also created room for new strategic initiatives. During the period, Woolworths expanded through targeted acquisitions such as Absolute Pets and launched the Woolworths Ventures platf
Mar 12, 2026
Companies
Foschini Reports Mixed Performance as Geopolitical Risks Weigh on International Operations
The company’s focus on integrating online and offline retail provides an edge over traditional rivals. However, like many of its competitors, TFG has been impacted by the broader inflationary environm
Mar 20, 2026
Zimbabwe
Operationally Viable, Financially Irretrievable: The Harsh Reality for JSE-Listed Firms in Zimbabwe
Pick n Pay, one of South Africa's largest listed retailers, says its Zimbabwe operations remain fully impaired, a designation that has been in place since 2024, when the group stopped incorporating th
May 31, 2026
Top Stories
Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers
Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance
Oct 22, 2026Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure
Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa
Oct 21, 2026
