TCOB: What Pick n Pay's Strategic Asset Streamlining Means for the Industry at Large

Pick n Pay’s strategic downscaling marks a turning point for the South African retail sector. One of the country’s largest retailers is undergoing a significant ‘back to basics’ reset, which includes the closure or conversion of more than 100 underperforming stores and the closure of more than 30 stores to date.

We speak to John Jack, who is the CEO of Galetti Corporate Real Estate to unpack what the move means for the flagship retailer and the industry at large.