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, SA’s leading discount supermarket, formally announces its intention to list
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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Creative entrepreneurs drive township economic development
A group of eight township furniture makers have between them created 42 jobs and generated a turnover of R2 million since joining a two-year entrepreneurial development programme. The group graduated from the programme at a ceremony held at the Pernod Ricard Foundation yesterday. John Baptiste Mathebula and Manyane Rantai, co-directors of Add Decor and Projects, turned their creative vision into concrete profits – and employment for members of their community – after learning the craft of furniture making as part of the Pernod Ricard Makers Programme, in partnership with the Gauteng Provincial Government and the Furniture Technology Centre Trust (Furntech).
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Pick n Pay leads the fight against hunger in South Africa
World Food Day on 16 October marks the 79th anniversary of the founding of the United Nations Food and Agriculture Organization, and this year’s theme – Right to foods for a better life and a better future – will be the focus of events in more than 150 countries. In South Africa, the theme is particularly relevant as hunger remains one of the most significant societal issues. The results of the National Food and Nutrition Security Survey, released in advance of National Nutrition Week from 9-15 October, suggest that nearly two in every three households (63.5%) experience food insecurity. Food
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CONSUMER GOODS COUNCIL CO-CHAIRMAN GARETH ACKERMAN CALLS FOR CLOSER CO-OPERATION BETWEEN BUSINESS AND GOVERNMENT
Co-chairman of the Consumer Goods Council of South Africa (CGCSA) Gareth Ackerman today called for closer collaboration between business and the government of national unity (GNU) to address the country’s low economic growth cycle and infrastructure challenges. Speaking at the annual summit of the CGCSA, Ackerman said a capable government that is open to working with the private sector will be critical to growing the economy which he noted has hardly grown during the past decade. “We have a long way to go and the last decade or more we have regressed economically and growth has averaged about 2%, yet
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SCHOOL ‘FASHION KID’ TURNED DESIGNER LAUNCHES LIMITED COLLECTION FOR PICK n PAY CLOTHING Copy
Lorde Ndlumbini, a 23-year-old designer from Khayelitsha, today launched collection in Pick n Pay Clothing under his label House of Lordes. What began as an expression of individuality in high school in Kuils River, Ndlumbini quickly gained recognition for his experimental take on streetwear. Now, through Pick n Pay Clothing’s Futurewear programme, he joins a group of emerging creatives who have been mentored to create limited-edition commercial ranges sold in 40 stores nationwide, giving them the platform to grow their brand. Ndlumbini’s path to fashion wasn’t conventional. His passion for fashion was sparked by his mother’s keen eye for style
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Empowering Young Women: Breaking Cycles of Poverty and Unemployment in South Africa
By Crystal Huntley, Economist at Nedbank Group Youth unemployment in South Africa, particularly among young women, profoundly impacts our country’s potential. As of the second quarter of 2024, South Africa’s youth unemployment rate reached a staggering 46.6% among those aged 15-34, significantly higher than the national average of 33.5%. This statistic not only highlights a crisis but reflects the intense challenges young women face, with their unemployment rate escalating to 49.4% in 2024. Young women in our workforce face a dual challenge: systemic gender biases coupled with the broader crisis of youth unemployment. Despite strides in gender equality, the labour
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Pick n Pay Wine & Food Festival returns to Johannesburg in October
The Pick n Pay Wine & Food Festival once again brings South Africa’s wine country to the heart of Johannesburg this October. This popular event is a must for wine lovers of all levels – whether you’re a casual sipper, seasoned enthusiast, or dedicated oenophile. Enjoy an afternoon filled with elegance, sophistication and fun, featuring award-winning wines, gourmet food, and live music at The Wanderer’s Club in Illovo. With over 50 of South Africa’s top wine estates pouring, you can explore everything from bold reds to crisp whites and summery rosés, as well as Cap Classique, Prosecco, and the ever-popular
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FROM FLOWERS TO FASHION, A FLORIST’S CAREER BLOSSOMS WITH PICK N PAY CLOTHING MENTORSHIP
Ilsé Vincent (32), a young event floral designer who grew up in the Northern Cape, took a bold leap by pivoting her career into fashion after joining Pick n Pay Clothing’s Futurewear programme. This month, Vincent will unveil her first limited-edition fashion collection, The Language of Flowers, in 40 Pick n Pay Clothing stores nationwide, marking a significant milestone in her creative journey. Known for her passion for flowers and vibrant creativity, Vincent has always found beauty in the simplicity of her surroundings. Growing up in a small town, she styled dolls in clothes and with off-cut fabrics to make
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How EnviroServ made Arbour Week count
The first week of September marks Arbour Week in South Africa, when citizens are encouraged to plant indigenous trees. Embracing the initiative, EnviroServ, which is committed to sustainability, mobilised team members to plant trees and vegetables at schools surrounding its waste management facilities. Learners across the country listened as speakers highlighted the importance of Arbour Week. Trees are important in the fight against climate change and improve life for all by promoting a healthier environment through producing oxygen, reducing air pollution, and preventing soil erosion. In Chloorkop, Johannesburg, EnviroServ together with Ekurhuleni Ward Councillor Gloria Ndinisa and representatives from Fibre
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