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Organisational Structure Report. Group Overview and Operational Structure Pick n Pay is a South-African based retail business in the fast-moving consumer goods industry operating +1,680 owned and franchised stores
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Group Overview and Operational Structure • Pick n Pay is a South-African based retail business in the fast-moving consumer goods industry operating +1,680 owned and franchised stores • Listed on the JSE Securities Exchange since 1968 and operates in the retail sector on the African continent. The Pick n Pay Group modernised and simplified its ownership structure during the first half of 2016, with the unbundling of Pick n Pay Holdings Limited • Retailer of food, non-edible groceries, clothing, health and beauty, liquor, pharmaceuticals, building and hardware and general merchandise CEO : Richard Brasher • Operates two divisions, the South African division and the African division, in seven countries in sub-Saharan Africa through: • The South Africa division trades from PnP franchise, PnP corporate and Boxer branded stores • The Africa division trades predominantly in the SADC region from PnP franchise, PnP corporate and Boxer branded stores, and includes a 49% share in associate Zimbabwean chain, TM Supermarkets
Group Mission • “We serve with our hearts we create a great place to be. With our minds we create an excellent place to shop.” • Group Values • We are passionate about our customers and will fight for their rights • We care for and respect each other • We foster personal growth and opportunity • We nurture leadership and the vision and reward innovation • We live by honesty and integrity • We support and participate in our communities • We take individual responsibility • We are all accountable
Trading Brand PnP is a multi-format, multi-channel retailer with a diverse portfolio of stores (owned and franchised). PnP Food formats as follows:
Directorate Note: Raymond and Wendy Ackerman are honorary life presidents with 50 years of service
Ordinary Shareholders • Pick n Pay Stores majority shareholder is the private investment company of the Ackerman Family (25.5%), followed by the Public Investment Corporation Ltd (10,5%)
Maryla Masojada | Lead AnalystAdrienne Osberg | Retail Analyst