{"id":48028,"date":"2013-10-22T10:29:51","date_gmt":"2013-10-22T08:29:51","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=48028"},"modified":"2013-10-22T10:31:02","modified_gmt":"2013-10-22T08:31:02","slug":"pick-n-pay-online-growth-surges","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/48028\/pick-n-pay-online-growth-surges\/","title":{"rendered":"Pick n Pay online growth surges"},"content":{"rendered":"

Retail\u00a0giant\u00a0Pick \u2018n Pay<\/a>\u00a0has recorded 24% growth in its online business, it noted in announcing its interim results ended September 1, 2013.<\/p>\n

“We have grown Pick ‘n Pay Online into one of South Africa’s top online businesses, with turnover\u00a0growth of 24% on last year and an increase in online shoppers of 15.8%. We are the first retailer\u00a0in South Africa to offer 1 hour delivery time slots for groceries,” the group said.<\/p>\n

Pick ‘n Pay said it was making\u00a01,500 deliveries per week through its online facility – up 28% on last year – with registered customers up 16%\u00a0since March.<\/p>\n

The group offers a list of the areas to which it delivers on its website. The delivery cost is determined by address and time slot and starts at R60.<\/p>\n

Overall, the group said that total till sales\u00a0were up 8.1% to R35.0 billion, while turnover of R30.1 billion was 7.5% better than R28.0 billion recorded in 2012.<\/p>\n

“We are serving more customers than ever before, increasing our customer count by 3.3% during the period,\u00a0while processing 380 million transactions through our tills,”\u00a0Pick ‘n Pay said.<\/p>\n

Trading profit improved 34.8% to R317.5 million, with a dividend per share of 14.80 cents declared, up a fraction from 14.75 cents in 2012.<\/p>\n

The group pointed out that its 2014 interim financial\u00a0period consists of 26 weeks, which is two trading days fewer than the comparative period last year. It therefore\u00a0presented its results on a comparable pro-forma basis.<\/p>\n

“We opened 44 new stores across all formats during the period, and closed nine under-performing stores in order to maintain the quality of our offering.”<\/p>\n

“We now have more than 1,000 stores, consisting of 594 owned and 433 franchise stores, across multiple formats and in eight countries,” Pick ‘n Pay said.<\/p>\n

More news on\u00a0Pick \u2018n Pay<\/h3>\n

Pick \u2018n Pay\u2019s online recipe<\/a><\/strong><\/p>\n

Woolworths targets more online shoppers<\/b><\/span><\/a><\/p>\n

CNA makes e-commerce play<\/strong><\/a><\/p>\n

Absa in e-commerce deal with large retailer<\/strong><\/a><\/p>\n

Mr Price ready to launch online store<\/strong><\/a><\/p>\n

Online retail business explained<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Online retail giant Pick \u2018n Pay has recorded 24% growth in its online business, in announcing its interim results ended September 1, 2013.<\/p>\n","protected":false},"author":9,"featured_media":21694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[9882],"tags":[26,4067,1210],"class_list":["post-48028","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-headline","tag-pick-n-pay","tag-retail"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/48028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=48028"}],"version-history":[{"count":8,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/48028\/revisions"}],"predecessor-version":[{"id":48036,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/48028\/revisions\/48036"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/21694"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=48028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=48028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=48028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}