Pick n Pay CEO Summers issues call to arms
Sean Summers made a rallying call to investors, customers and staff in last week’s dire results presentation — but whether this is Custer’s last stand remains to be seen
You got the sense that Sean Summers, who rejoined Pick n Pay only two weeks ago, was rallying the troops in his presentation to investors last week, as the full horror of the retailer’s latest results were laid bare.
He tells the FM: “My news for Pieter [Engelbrecht, Shoprite’s CEO] — you can almost see their offices over there — is that we will be back. I have immense respect for what they have done and we will build back to being the opposition you need to have, not want to have...
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