Pick n Pay Sees Loss as Retailer Takes $155 Million Impairment

Pick n Pay Stores Ltd. expects to report a full-year loss as South Africa’s third-biggest grocer takes a 4 billion-rand ($155 million) impairment on unprofitable stores. #press

https://www.bloomberg.com/news/articles/2024-05-22/pick-n-pay-pnp-sees-loss-as-south-africa-retailer-takes-impairment?utm_source=press.coop