stores named pick n pay see pick n pay disambiguation . pick n pay stores ltd. type public traded as jse pik industry retail founded 1967 1 headquarters kenilworth cape town south africa key people gareth ackerman executive chairman richard brasher ceo revenue 4.07 billion fy 2015 2 net income 152.11 million total assets 11.19 billion total equity 2.14 billion number of employees 50 000 3 website http www.picknpay.co.za pick n pay is the second largest supermarket chain store in south africa established in 1967 . it can also be found in other regions of southern africa such as botswana mozambique zambia zimbabwe lesotho and namibia as well as mauritius and had planned to open in malawi but has yet to do so . the founder of the chain was jack goldin he was born in obeliai lithuania but moved to south africa when the nazis invaded his town . raymond ackerman purchased three pick n pay supermarkets in cape town from goldin and served as executive chairman until his retirement in 2010 . his eldest son gareth is the current chairman . 4 other supermarket store chains in south africa that are part of the pick n pay group are score supermarkets and boxer . however pick n pay is currently converting score supermarkets into pick n pay franchises . this initiative forms the core of pick n pay s economic empowerment scheme . due to a slump in profits in july 2011 the company told labour unions that it would lay off 3 137 of its 36 673 staff . 5 contents 1 rebranding 2 store types 3 australia 4 references 5 external links rebranding edit pick n pay store in windhoek namibia the pick n pay brand which had previously remained largely unchanged since the 1970s was redesigned in 2007 . on 12 november 2007 the company announced a brand transformation in the form of a brand redesign new uniforms advertising campaigns and the slogan inspired by you . this rebranding of the iconic pick n pay brand led to the disappearance of the apostrophe which appeared before the n which led to uproar among those working for the preservation of the apostrophe . store types edit pick n pay supermarkets pick n pay family pick n pay liquor pick n pay clothing pick n pay hyper pick n pay express pick n pay pharmacy included in some supermarkets and hyper markets pick n pay mini market pick n pay mini stores australia edit in 1984 a pick n pay hypermarket was opened in aspley queensland and in sunnybank hills queensland australia in 1994 . it was bought by coles myer in the 1990s . when the aspley store opened they invited all of the mothers who had given birth 7th november 1984 to bring their newborn children each year for a birthday party . these birthday parties lasted until the mid 90 s when the store was bought out . pick n pay owns the remaining franklins supermarkets in australia which were sold off by dairy farm international holdings limited in 2001 after the store s mass expansion had landed the store in financial trouble . other franklins stores were bought by coles myer and woolworths limited and re branded under their respective supermarket brands . references edit pick n pay website about us pick n pay stores ltd year end results 21 april 2010 pick n pay linkedin profile http allafrica.com stories 201003110609.html pick n pay to slash jobs as profit drops external links edit pick n pay pick n pay annual report 2010 retrieved from https en.wikipedia.org w index.php title pick n pay stores & oldid 736591925 categories retail companies established in 1967companies listed on the johannesburg stock exchangecompanies based in cape townretail companies of south africa1967 establishments in south africa navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 28 august 2016 at 15 07 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view