Pick n Pay Stores

{{Short description|Retailer in South Africa}}

{{For|other stores named Pick-n-Pay|Pick 'n Pay (disambiguation)}}

{{Third-party|date=October 2021}}

{{Infobox company

| name = Pick n Pay Stores Ltd.

| logo = Pick_n_Pay_logo.svg

| alt = A blue/pink which named Pick n Pay.

| type = Public

| traded_as = {{JSE|PIK}}

| genre =

| fate =

| predecessor =

| successor =

| foundation = {{start date and age|1967}}[https://www.pnp.co.za/about-us/history Pick n Pay website, About Us]

| founder = Raymond Ackerman

| defunct =

| location = Kenilworth, Cape Town, South Africa

| area_served = Southern Africa

| key_people = {{ubl|Gareth Ackerman (non-executive chairman)

|Sean Summers (CEO){{Cite web |last=Hogg |first=Alec |date=2023-10-02 |title=Combative Sean Summers is back at Pick 'n Pay - Gareth Ackerman appoints group's ex-CEO in masterful coup |url=https://www.biznews.com/sa-investing/2023/10/02/combative-sean-summers-is-back-at-pick-n-pay-gareth-ackerman-appoints-groups-ex-ceo-in-masterful-coup |access-date=2024-01-05 |website=BizNews.com |language=en-GB}}

|Lerena Olivier (CFO)

}}

| industry = Retail

| products =

| production =

| services =

| revenue = {{increase}} R106.6 billion (2023){{Cite web |date=26 February 2023 |title=Integrated Annual Report 2023 |url=https://www.picknpayinvestor.co.za/downloads/annual-report/2023/integrated-annual-report-2023-spreads.pdf |access-date=10 September 2023 |website=www.picknpayinvestor.co.za}}{{rp|}}{{rp|69}}

| operating_income = {{decrease}} R1.68 billion (2023){{rp|69}}

| net_income = {{decrease}} R1.17 billion (2023){{rp|69}}

| aum =

| assets = {{increase}} R42.4 billion (2023){{rp|73}}

| equity = {{decrease}} R3.7 billion (2023){{rp|73}}

| owner =

| locations = 2,204 (957 company-owned and 747 franchised){{rp|17}}

| num_employees = 90 000 (2023){{rp|17}}

| divisions =

| subsid =

| homepage = {{URL|https://www.pnp.co.za}}

| footnotes =

}}

Pick n Pay Group Ltd. is a South African retailer. It operates three brands – Pick n Pay, Boxer and TM Supermarkets. Pick n Pay also operates one of the largest online grocery platforms in sub-Saharan Africa. Raymond Ackerman purchased the first four Pick n Pay stores in Cape Town in 1967 from Jack Goldin.{{Cite web |last=Cone |first=Matteo |date=2013-12-01 |title=King of the Clicks' empire |url=https://mc1a.wordpress.com/2013/12/01/king-of-the-clicks-empire/ |access-date=2022-04-23 |website=Tribute to Jack Goldin |language=en}} Since then, the Group has grown to encompass stores across South Africa, Namibia, Botswana, Zambia, Nigeria, Eswatini and Lesotho. Pick n Pay also owns a 49% share of Zimbabwean chain TM Supermarkets.{{Cite web |title=Pick n Pay Stores Ltd.:Integrated Annual Report 2018 |url=https://www.picknpayinvestor.co.za/downloads/annual-report/2018/picknpay-ir-2018.pdf}}

As of 2023, the company was operating at 2,204 locations across eight countries on the African continent.{{rp|17}}