Browsing: Pick n Pay

AWS opens new offices in Johannesburg, South Africa. www.theexchange.africa

In 2020, Amazon launched the Africa (Cape Town) Region, the first AWS Infrastructure Region in South Africa. However, plans for the construction of a new Cape Town-based Amazon Africa headquarters were blocked earlier this year by the Cape Town High Court as Amazon had allegedly not gone through the proper process to acquire the land.

Meanwhile, retailer Pick n Pay migrated its entire on-premise information technology infrastructure to Amazon Web Services (AWS).

In a statement, AWS says Pick n Pay worked with Lemongrass Consulting, an AWS Premier consulting partner with migration and SAP Consulting Competencies, to migrate its on-premises SAP environment to AWS and implement a modern SAP HANA platform.

According to the US-based cloud computing giant, moving to the cloud will enable Pick n Pay to streamline its operations and modernize the supply chain network for its stores, develop new digital customer experiences in omnichannel grocery, and expand into …

South Africa retailer Pick n Pay to cut US$187 million in costs in 3 years www.theexchange.africa

According to him, the goal of the store is to increase the number of online clients it serves by continuing to invest in the growth of its e-commerce business. If successful, this will result in an increase in sales that is eight times greater by the end of the retailer’s fiscal year in 2026.

Pick n Pay will be able to attain a compound annual rate of 10 per cent growth in group turnover as a result of other measures, which will ultimately result in market share growth of at least 3 per cent by the year 2026.

In addition to this, it has committed to doubling the number of Boxer products sold by 2026 and increasing its profit margin before taxes from the current level of two per cent to more than three per cent.

According to Boone, the formal food and grocery market in South Africa is expected …