South African retail mogul Gareth Ackerman's Pick n Pay shuts 284 stores
Billionaires Africa | 09.11.2026 15:07
Pick n Pay Stores Ltd., the South African grocer built by the Ackerman family, has closed 284 stores since Sean Summers returned as chief executive in September 2023, as the chain cuts loss-making outlets in a bid to return to profit.
