Pick n Pay Stores Limited (Public, JNB:PIK) is a South Africa-based investment holding company. The Company, along with its subsidiaries, is engaged in retail food, clothing, general merchandise, pharmaceuticals and liquor throughout southern Africa and in New South Wales, Australia, both on an owned and franchise basis.
The Company operates in five segments: Pick n Pay, Boxer, Franklins, Score and Pick n Pay insurance cell captive. Its Franklins segment includes the retail operation, which retails food and general merchandise, in New South Wales, Australia. The Company’s retail operation in southern Africa is done under the Boxer brand.
On February 28, 2010, Pick ‘n Pay Stores Limited discontinued its Score Supermarkets Operating Limited. The Company’s subsidiaries include Carrefour (Pty) Limited, Pick n Pay (Mitchells Plain) (Pty) Limited, Pick n Pay Retailers (Pty) Limited, Pick n Pay Franchise Financing (Pty) Limited, Pick n Pay Garages (Pty) Limited and Raymond Ackerman Holdings Limited.
Tuna load confiscated over banned gear issue Brazil
The Brazilian Institute of Environment and Renewable Natural Resources seized the cargo of a tuna fishing vessel docked in Natal, Rio Grande do Norte, which had been accused of having used forbidden fishing gear.
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