Jean-Pierre Verster on Pick n Pay job well done – but prefers shopping at Woolworths
SA’s leading hedge fund manager Jean-Pierre Verster dissects Pick n Pay’s results and gives a high-level analysis of the food retail sector.
SA’s leading hedge fund manager Jean-Pierre Verster dissects Pick n Pay’s results and gives a high-level analysis of the food retail sector.
Food retailers were some of the lucky businesses that survived the Covid-19 lockdown but will they continue to thrive as the world moves towards e-commerce?
Shoprite Holdings shareholders voted in favour of the purchase of about R1.75bn ($135m) of shares from former Chief Executive Officer Whitey Basson.
We can learn much from Tesco. It posted a huge loss last year – one of the biggest ever recorded in the UK. Yet, fifteen years ago, early in Sir Terry Leahy’s term as CEO, the firm was an exemplar for the “Lean Management” movement which arose out of Toyota’s production system.