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Pick N Pay Mission Statement

Satisfactory Essays

Index

-Who is Pick n Pay and what do they do
-History
-Vision, Mission & Values
-Relationships
-CSR Projects
-Customer Accessibility
-Shareholders
-Employees
-Article
-In my opinion…

Who is Pick n Pay and what do they do?

Pick n Pay Holdings Limited and Pick n Pay Stores Limited, trading as Pick n Pay is one of the largest retail stores in South Africa. They focus on general groceries and household goods which include food, clothing, health & beauty products, alcohol and more as well as offering other value added services for clients such as pharmaceuticals, travel, financial services and online shopping. Pick n Pay now has 1 076 stores across all its formats, directly employs around 50 000 people (excluding franchise stores) and …show more content…

This has been a forerunner in ensuring Pick n Pay’s success.
After the rapid early expansion of the retail store and the implementation of the Hypermarket, Pick n Pay have been looking to the future and adapting thereto. This includes the current running of the Boxer stores within the country as well as implementation and expansion of branches in various African countries and beyond to countries such as Australia.
Pick n Pay has currently 891 stores across the board and are growing yearly. This coincides with Pick n Pay’s Vision and Mission statement.

Pick n Pay also have the online shopping experience which many other retailers do not offer. This means one can shop in pleasure on the site and have deliveries done straight to your doorstep. Another customer accessibility initiative is offering various services such as financial services, liquor stores, clothing stores and travel to ensure across the board customer care.

The implementation of converting certain garage shops and boxer stores in more rural areas helps the customer accessibility of the brand as well as convenience of each …show more content…

It is given this status as it is one of the more stable performers. Pick n Pay has shown steady growth since it’s integration into the JSE in 1968 and continues to grow and expand both locally and internationally.

Below is the performance according to Capacity Holdings:

Turnover: R 55330.500bn
Trading Profit: R 1267.500bn
Trading Margin: 2.29%
Stores: 891
Trading Space: 1,101,000m2
Employees: 42,400

Listed: Yes EBITDA: R 2073.700bn
HEPS: 160.80 cents

Also listed below is Pick n Pay’s performance on the JSE as listed 4.16pm on 12/08/14

Clients want a company that performs well, shows steady share growth and a positive change on the stock exchange…Below is one of Pick n Pay’s major competitors, Shoprite Checkers Group and their performance on the stock exchange at the same time as the above taken.

One can see the performance and value of the shares of Shoprite are a lot higher

At the same time data taken from moneyweb.co.za shows that the performance after the recession for 5 years in retail growth at Pick n Pay has grown steadily and continues to do

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