Pick n Pay Archives - Just Food
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Pick n Pay

Editor’s choice: the highlights on just-food this week

Editor’s choice: the highlights on just-food this week

Tesco was in the spotlight this week after the publication of its annual results confirmed what a challenging year the UK's largest retailer endured. Another UK grocer under scrutiny is The Co-operative Group, which reported banking-induced losses, but revealed it is re-sizing its food retail estate to give it more focus. Elsewhere, China's WH Group, of which Smithfield Foods is now a part, announced plans to list in Hong Kong and US group Post Holdings made another M&A move, with a deal to buy egg-to-dairy supplier Michael Foods.

S AFRICA: Pick n Pay H1 earnings climb

S AFRICA: Pick n Pay H1 earnings climb

South African retailer Pick n Pay has booked an increase in first-half earnings, boosted by tighter cost control, increased sales and improved gross margin.

S AFRICA: Pick n Pay records H1 sales increase

South African supermarket operator Pick n Pay has booked an increase in first-half sales. In the six months to the end of August, group sales were up 5.9%, with like-for-like…