SHANE WATKINS: Opportunity beckons, but risks remain for Pick n Pay
Strategically, it needs to be repositioned so that Pick n Pay stands for something again
08 December 2023 - 05:00
In the same way that Tolstoy’s happy families are all the same but unhappy families are all unhappy in their own way, there is a straightforward and proven route to corporate success, but sadly many ways to get things wrong.
The story of the decline of Pick n Pay is a cautionary tale of the latter outcome. What has happened and how did it happen? The Pick n Pay share price is down 60% over the past 12 months, but if you go back further the picture is even worse...
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