In just three days, the retailer has sold enough sugar to sweeten more than 70 million cups of coffee Research shows evolution of Black Friday from splurging frenzy to carefully planned savings opportunity Pick n Pay has put everyday staple grocery items front and centre for Black Friday, responding to a growing trend among shoppers to prioritise essential purchases during the annual sales event. The company’s decision to prioritise staples is paying off, and over just three days (Friday–Sunday), Pick n Pay sold enough sugar to sweeten over 70 million cups of coffee and enough rice to serve over two
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Boxer, a wholly-owned subsidiary of the Pick n Pay Group, today published its pre-listing statement as it commences the process of listing on the Main Board of the Johannesburg Stock Exchange (JSE) on 28 November 2024. Boxer also plans to have a secondary listing on the A2X. As part of the IPO, the Pick n Pay Group aims to raise between R8.0 billion and R8.5 billion through an offer of up to 202.4 million Boxer shares (around 40% of its total issued share capital) at a share price of between R42 and R54 per share (implying a total market capitalisation
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