Tag: South African retail

Pick n Pay
TechnologyHot News

Pick n Pay expands AI-powered technology to more than 720 stores

Pick n Pay is rolling out AI technology across 720 stores after a pilot cut online grocery order-picking times by 30%, as digital sales climb.

Oluwatosin Alao Oluwatosin Alao
Marek Masojada, outgoing CEO of Boxer
ExecutivesBusiness

Boxer CEO Marek Masojada to step down after more than 30 years

Boxer CEO Marek Masojada will retire in 2027 as Justin Galloway takes over, following strong earnings and expansion to 600 stores.

Timilehin Adejumobi Timilehin Adejumobi
Sam Ngumeni, Woolworths Group CEO
ExecutivesBusiness

South African retail leader Sam Ngumeni earns $1.4 million as Woolworths CEO

Sam Ngumeni received $1.4 million in Woolworths compensation as the retailer delivered higher sales in 2026.

Timilehin Adejumobi Timilehin Adejumobi
The Foschini Group
BusinessHot News

Foschini Group to close 300 stores across South Africa

Foschini Group store closures will see 300 South African outlets shut as TFG cuts costs and targets higher profitability.

Timilehin Adejumobi Timilehin Adejumobi