Pick n Pay Stores Ltd - Company Profile
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Pick n Pay Stores Ltd (Pick n Pay) operates supermarkets, hypermarkets and other store formats. Multiple store formats, wide range of product offerings and inventory turnover ratio are the company’s major strengths, even as liquidity position and huge dependence on South Africa, remains a cause for concern. Food and grocery retail market in South Africa, online retail market in South Africa, and strategic expansion is likely to offer growth opportunities to the company. However, intense competition, stringent regulations and foreign exchange risks.
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