Pick ‘n Pay’s discount chain, Boxer, was a bright spot, delivering robust sales growth of 16.1 percent despite a challenging economic environment.
South Africa’s Ackerman family
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This surge solidifies the Ackerman family’s position as one of the wealthiest investors on the JSE.
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The downturn in Pick ‘n Pay’s market value coincides with recent financial challenges and legal disputes. The retailer is embroiled in a …
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The recent decline in Pick ‘n Pay shares has led to a reduction in the market value of the Ackerman family’s stake …