535 Stores in South Africa. 64 Stores in the Rest of Africa.
Who owns PNP South Africa?
Raymond Ackerman
Company Profile and History
The founder of the chain is Harry Goldin. Raymond Ackerman purchased the small chain of supermarkets from Goldin and went on to develop Pick n Pay into South Africa’s largest supermarket group. Ackerman is still the chairperson of the group.
Who are Pick n Pay’s competitors in South Africa?
Competitor comparison
- Shoprite Holdings Ltd Headquarters. South Africa. 145,595. $12.5B.
- The SPAR Group Ltd Headquarters. South Africa. 10,385. $9.2B.
- Woolworths Holdings Ltd Headquarters. South Africa. 44,129. $5.4B.
- Massmart Holdings Ltd Headquarters. South Africa. 51,000. $5.3B.
Who is the biggest retailer in South Africa?
Shoprite
Shoprite is the largest retailer in the country with a market capitalization of R130 billion – which is more than Pick n Pay and Spar combined.
Is Shoprite better than Pick n Pay?
Pick n Pay can only cover their short-term liabilities 0.74 times. The same goes for their cash ratios. Shoprite can cover its short-term liabilities 0.27 times with only cash, and Pick n Pay can only cover them 0.08 times with cash. Shoprite was also stronger in net income (3%) and operating profit margins (5.65%).
What are the 5 biggest retailers in South Africa?
The South African food retail market is highly concentrated, with five main players accounting for about 60% of all retail sales. Referred to as the Big 5, the five companies are Shoprite, Pick n Pay, Spar, Woolworths and the new player, Walmart’s Cambridge Foods.