Pick ‘n Pay spent R110 million on energy costs during the reported period due to increased rolling blackouts. Although the Group’s turnover rose 11.5% to R51.3 billion, trading costs rose by 10.6%, due to external expenses and planned investment in delivering their Ekuseni strategy.
for lower to middle-income customers and Boxer for middle to lower-income consumers. The Pick ‘n Pay brand focuses on middle to high-income customers.
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