Despite a robust turnover and strategic capital raise, Pick N Pay Stores Ltd (STU:PIK) faces profitability pressures and operational hurdles.
Discount retailer Boxer’s CEO Marek Masojada has confirmed that Boxer has no plans to completely separate from parent company ...
Boxer on Tuesday said it was on track to meet its 2025 financial year guidance on Superstore rollout, including Pick n Pay ...
Pick n Pay announced it would sell down a further 11.5% of its subsidiary Boxer valued at up to R4.7 billion to shore up its balance sheet and to ensure that the turnaround under Sean Summers is seen ...
The company outperformed its pre-IPO guidance on its trading margin, reporting a 5.4% 52-week trading margin ahead of the 5% guidance set ahead of its listing. Boxer Retail Limited made history as the ...
Stephen Grootes speaks to Sean Summers, Pick n Pay CEO about whether the retailer’s turnaround strategy is finally gaining ...
Boxer Retail's share price has seen a significant decline following Pick n Pay's successful R4.7 billion capital raise through an accelerated bookbuild. This article explores the implications of this ...
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