Pick n Pay to Exit Nigeria After Less Than Five Years, Citing Losses

South African grocery retailer Pick n Pay is exiting the Nigerian market, selling its 51% share in a joint venture less than five years after entering the market. This strategic move, announced by CEO Sean Summers, is part of a broader restructuring plan aimed at addressing the company’s financial challenges and consolidating its focus on … Continue reading Pick n Pay to Exit Nigeria After Less Than Five Years, Citing Losses