Pick n Pay Express Twin Palms
The Pick n Pay Group is one of Africas largest and most consistently successful retailers of food, general merchandise and clothing. Today, the Pick n Pay Group has a total of 775 stores, made up of Hypermarkets, Supermarkets and Family Stores (which are franchise stores). Pick n Pay employs over 38 000 people, and generates an annual turnover of -billion. It wasnt always this way, though. In 1967, Pick n Pay was founded as a family controlled business with four small stores in the Western Cape. The next year, the company listed on The JSE Limited Securities Exchange, and from there Pick n Pay grew into the leading retail group it is today. Concentrating on food, clothing and general merchandise, the Pick n Pay Group is managed through two divisions: Pick n Pay Retail Division and the Group Enterprises Division. Each division has its own management board.South Africans will soon see the roll-out of small-format Pick n Pay stores located at BP service stations in the major metropolitan areas.These PnP Express stores will stock between 1,500 and 2,500 product lines and will stay open 24/7, catering to the convenience retail market.Pick n Pay and BP Southern Africa initially signed a memorandum of understanding in July 2008 and have been testing the model since opening the first two PnP Express stores in Hout Bay and Tokai in the Western Cape at the end of the same year. There are currently nine Pick n Pay Express stores on BP forecourts in South Africa.The initial plan is for 120 BP Express stores to be converted to PnP Express stores over the next five years, although additional stores may also be converted after the initial five-year period. The roll-out of PnP Express stores will concentrate on those BP sites that are most suitably located for Pick n Pay?
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