More bad news for Pick n Pay in South Africa

• Pick n Pay in South Africa is facing opposition from its primary labour union as it continues its turnaround plans.
• The opposition comes as Pick n Pay continues to struggle financially, with a 373% drop in profits in the 2024 financial year and a net loss of R3.2 billion.
• The dispute between Pick n Pay and SACCAWU may lead to further instability for the company, which is already facing challenges in its turnaround project.