reuters.com

Pick n Pay turnover rises 2.7% as Boxer growth offsets supermarket pressure

Pick n Pay Stores logoPick n Pay Stores
Sig1.90Sen+3.10Env0.00Soc0.00Gov0.00

Pick n Pay reported that group turnover increased 2.7% in the 20 weeks ended July 19. Strong growth at its Boxer discount chain helped offset continued pressure on its core supermarket business, according to the South African grocery retailer. The update highlights Boxer as a key driver of performance.

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