Lockdown trading restrictions weigh on Pick ‘n Pay
Lockdown trading restrictions weighed on Pick n Pay’s half-year performance. The retailer's headline earnings per share more than halved, and it's slashed its dividend by 56%. Pick n Pay did however see a spike in online sales during the period, and is looking to broaden its offering with the planned purchase of delivery app, Bottles. Business Day TV spoke to Pick n Pay CFO Lerena Olivier, for more on the numbers and the pending acquisition.