CHRIS GILMOUR: Brasher turned Pick n Pay around, but it is still lagging
Retailer was hit especially hard by the prohibition of alcohol, tobacco and clothing sales in lockdown
27 April 2021 - 19:29
Outgoing Pick n Pay CEO Richard Brasher gave a virtuoso presentation to analysts and journalists last week. In eight years at the helm of SA’s most well-known supermarket chain, he not only stopped the rot but turned it around and is leaving it to his successor, Pieter Boone, in extremely rude health.
But there is still a lot of catch-up for Pick n Pay to achieve, especially with reference to archrival Shoprite, and Boone will have his work cut out for him in the next few years. ..
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