Pick n Pay Stores Ltd Overview
Pro stress-test →Pick n Pay is a South African multiformat and multichannel retailer operating across South Africa, Namibia, Botswana, Zambia, Mozambique, Mauritius, Swaziland, and Lesotho. As of 2024, the company operates 2,279 stores including Boxer stores across eight countries on the African continent.
Strategic Profile
Pro stress-test →Expansion in African modern retail and increased digital adoption are driving revenue growth, operational efficiency, and enhanced customer engagement, with store optimization, debt reduction, and private label focus improving margins and positioning for sustained earnings growth. In October 2025, CEO Sean Summers announced major store refurbishments across South Africa, targeting completion and reopening of 17 stores by end of 2025, with further store revamps to follow in 2026.
Competitive Landscape
Pro stress-test →Founded by Raymond Ackerman in 1967, Pick n Pay was once the dominant grocery retailer in South Africa but has been surpassed by Shoprite/Checkers. Key competitors include Shoprite/Checkers (market leader), Woolworths, and emerging online retailers. The company competes through multi-format strategy (supermarkets, clothing, liquor) and digital expansion.
Industry Context
Pick n Pay Stores Ltd operates in Retail - Fast Moving Consumer Goods (FMCG).
Key facts
Founded: 1967 · Headquarters: Cape Town, South Africa