Pick n Pay Shuts Down Stores Amidst Stagnant Growth
Pick n Pay, one of South Africa’s leading retail chains, has announced plans to close or rebrand around 100 stores as part of a broader restructuring strategy. The decision comes amidst a period of stagnant growth and declining profitability for the retailer. In a recent trading statement covering the 21 weeks ending 21 July 2024, … Continue reading Pick n Pay Shuts Down Stores Amidst Stagnant Growth
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