Pick ‘n Pay, led by South African Ackerman family, launches food waste reduction initiative
This initiative underscores the Ackerman family’s commitment to reducing food waste and promoting sustainability in South Africa’s retail landscape.
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This initiative underscores the Ackerman family’s commitment to reducing food waste and promoting sustainability in South Africa’s retail landscape.
The latest disclosure of unclaimed cash-back rewards underscores Pick ‘n Pay’s commitment to its loyal customers.
As the scion of the Ackerman family, one of the richest families in South Africa, Gareth Ackerman’s views carry considerable weight in the business community.
The Ackerman family holds a significant 25.53-percent stake in the retailer, or 124,677,238 issued shares.
Ackerman and his family own a 25.53-percent stake in Pick ‘n Pay.
Pick ‘n Pay operates more than 2,000 stores across eight African countries.
The $15.04-million dividend was drawn from the group’s retained earnings of $306.5 million.
Members of the Ackerman family own a significant 25.53-percent stake in the leading retailer, or 124,677,238 ordinary shares.