Investors have shrugged off Pick and Pay’s disappointing full-year results and rather focused on the group’s key plans to turn the business around. Earlier on Monday, the retailer announced a trading loss of 87% for the year ended 25 February 2024. Pick ‘n Pay also announced that the founding Ackerman family would be relinquishing their majority voting control in the business. The results did not come as a surprise to the market, after a warning by the retailer in a sales forecast earlier this month.
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Негізгі бет Business | Ackerman family to relinquish majority voting control in PnP
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