King Santos Da Vinci

17/02/2025

Real Madrid Fans : Barca have no money, they are broke.

Same Real Madrid Fans : Barca is paying referee.

15/02/2025

12/02/2025

Many South Africans had to say goodbye to their local Pick n Pay store as the retailer continued to close company-owned and franchise stores across the country.

On 4 February 2025, Pick n Pay released a trading update for the 45 weeks that ended 5 January 2025.

The results showed that Pick n Pay stores in South Africa continued to struggle, with sales declining by 0.1% over the period.

Pick n Pay South Africa’s internal selling price inflation for the period was 2.4%. This shows that the retailer is moving backwards in the country.

The main reason for the decline in sales was that Pick n Pay South Africa closed net 32 supermarkets during the 45 weeks.

The store closures included 24 company-owned Pick n Pay supermarkets and eight franchise stores.

If the store closures were excluded from the numbers, Pick n Pay South Africa’s like-for-like sales increased by 1.9%.

Although this is still below the internal selling price inflation of 2.4%, it is much better than the slightly negative growth.

Pick n Pay highlighted that its like-for-like sales momentum in the last nineteen weeks of the reporting period improved to 3.0%.

This is encouraging and shows that Pick n Pay CEO Sean Summers’ plan to close non-performing stores is showing promise.

The store closures formed part of the turnaround plan which Summers unveiled after he took the reins at the struggling retailer.

In early 2024, Pick n Pay announced it would close or convert 112 Pick n Pay stores across South Africa.

Summers explained their turnaround plan involved closing 35 underperforming Pick n Pay stores and converting 70 outlets to the Boxer brand.

They have identified many stores in critical condition due to factors like demographic changes or a problem with the shopping centre.

“These stores will be closed. We will close and get rid of the stores that have no future,” Summers said.

In every subsequent update, Pick n Pay announced a significant number of company-owned and franchise store closure

08/02/2025

Hollywoodbets given me a cashout of R103 my ticket was already in deep s**t a ticket I staked with R100.00 if it was Betway I would lost that's why I prefer Hollywoodbets 😀.

03/02/2025

😂😂😂

02/02/2025

💔

01/02/2025

The creation of memories shall never end.

01/02/2025

ExteC & Soultouch Deeps - Peace

Piece of art🎵🎶🙏

01/02/2025

Orlando Pirates 🆚 Kaizer Chiefs
Stellenbosch 🆚 Sekhukhune
AmaZulu 🆚 SuperSport United
Bournemouth 🆚 Liverpool
Johor DT 🆚 Terengganu

What's your prediction?

28/01/2025

15/02/2024

Introduction The Nokia brand is already synonymous with durable and lasting devices for many years. Under HMD Global, durability was further enhanced with the XR series, the XR20 and XR21. But in 2019, HMD also introduced their first "feature" phone with the same durability as their smartphone counter part, the Nokia 800 Tough. Nokia 800T A quick glance of the Nokia 800T will reveal its true nature....