Pick n Pay’s golden child opening 60 new stores in South Africa

Pick n Pay is on track to meet its ambitious target of opening 60 new stores in South Africa for the full year FY27, which will drive turnover growth from new stores in the second half and beyond. Despite a challenging retail environment in the country, the company's strong financial performance is a testament to its turnaround strategy, which has yielded significant returns, including a sale of approximately R4.7 billion. This success marks a major milestone for the company, generated following years of hardship.