Pick n Pay’s acquisition of Boxer ranks as an iconic trade

Shares surge 7% on labour deal, higher margins

Challenges await the discount retailer’s incoming CEO

CEO Sam Ngumeni is doubling down on food

The pharmacy retail giant wants in on the informal economy

Omri Thomas recommends a ‘buy’ for Georgia‘s TBC Bank Group and a ‘sell’ for South African retailer Pick n Pay

Chairman James Formby says there’s a strong sense of urgency to the retailer’s turnaround, even as breakeven is further away than hoped