{"id":873985,"date":"2026-09-05T07:00:00","date_gmt":"2026-09-05T05:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=873985"},"modified":"2026-09-04T17:54:49","modified_gmt":"2026-09-04T15:54:49","slug":"pick-n-pay-launches-new-concept-store-in-south-africa-with-a-first-for-the-whole-group","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/873985\/pick-n-pay-launches-new-concept-store-in-south-africa-with-a-first-for-the-whole-group\/","title":{"rendered":"Pick n Pay launches new concept store in South Africa – with a first for the whole group"},"content":{"rendered":"\n

South African retail group Pick\u00a0n\u00a0Pay\u00a0has launched a new-generation concept Hypermarket store in Bloemfontein as part of the group’s wider refresh of its footprint in the country.<\/p>\n\n\n\n

The new store, which is a revamp of the previous outlet at the Southern Centre mall, offers an expanded range of products and introduces fresh foods and a first-ever dining experience for the group\u2014a sit-down sushi bar.<\/p>\n\n\n\n

The larger product range includes indoor and outdoor items, as well as DIY and tech. <\/p>\n\n\n\n

In terms of dining, the store offers the first sit-down TiMe coffee area in a Hypermarket, as well as the group’s first-ever seated sushi area, called Sue Shi Sushi.<\/p>\n\n\n\n

This is an extension of the popular sushi bar offering that has featured in select supermarket stores, Pick n Pay said.<\/p>\n\n\n\n

The store will also offer a wider selection of fresh produce, including an expanded cheese range, gourmet butchery, and a bakery.<\/p>\n\n\n\n

The grocery range has also been expanded, with additions including bulk cleaning products, pet care, sweets and catering supplies.<\/p>\n\n\n\n

Pick’n Pay said the new Hypermarket concept is designed to strengthen the format\u2019s role as a one-stop shopping destination.<\/p>\n\n\n\n

The relaunch forms part of\u00a0Pick\u00a0n\u00a0Pay\u2019s ongoing investment in renewing its store network, as the business continues to evolve its stores and formats. <\/p>\n\n\n\n

The Bloemfontein Hypermarket originally opened in 1977 and is the fourth Hypermarket to be revamped, following three revamps towards the end of 2025 and the opening of a new Hypermarket in Pietermaritzburg.<\/p>\n\n\n\n

The Hypermarket format has been part of\u00a0Pick\u00a0n\u00a0Pay\u2019s history for over 50 years, with the first store opening in Boksburg in 1975. <\/p>\n\n\n\n

Pick n Pay owns and operates 23 Hypermarkets, making up a small fraction of the 992 group-owned stores recorded at 1 March 2026.<\/p>\n\n\n\n

The group has been implementing a wide-sweeping store reset programme as part of a turnaround strategy to reduce losses.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

Store closures as part of its turnaround<\/h2>\n\n\n\n

In its latest financial year, ending March 2026, Pick n Pay said it had largely completed the store reset programme.<\/p>\n\n\n\n

The retailer closed 56 stores across South Africa during the year, aiming to restore profitability and strengthen operations across the group.<\/p>\n\n\n\n

Turnover in the core Pick n Pay business declined by 1.6% due to the impact of store closures linked to the reset strategy.<\/p>\n\n\n\n

The company closed 39 company-owned stores during the financial year, although this was partly offset by 33 converted openings.<\/p>\n\n\n\n

Pick n Pay Clothing continued to expand despite the broader restructuring, with store numbers increasing from 396 in March 2025 to 419 by March 2026.<\/p>\n\n\n\n

The biggest reduction came in the franchised business. Pick n Pay\u2019s franchised supermarket footprint declined sharply from 260 stores in 2025 to 211 in 2026.<\/p>\n\n\n\n

The retailer also significantly reduced its franchised liquor network, closing 29 liquor stores during the year under review.<\/p>\n\n\n\n

Overall, company-owned stores increased from 971 to 992 over the period, but franchised stores declined from 697 to 620. This resulted in\u00a0a net closure of 56 stores nationwide.<\/p>\n\n\n\n

Despite the closures, Pick n Pay said there were signs that its operational turnaround efforts were beginning to gain traction.<\/p>\n\n\n\n

Company-owned supermarkets recorded like-for-like sales growth of 3.9%, up from 3.3% in the previous financial year.<\/p>\n\n\n\n

The retailer also kept internal selling price inflation at 1.9%, below South Africa\u2019s food inflation rate of 4.4%.<\/p>\n\n\n\n

In its latest trading update for the 20-week period to July, the group noted an upward trajectory.<\/p>\n\n\n\n

While market conditions remain highly constrained, the group noted that its key segments were gaining traction.<\/p>\n\n\n\n

“PnP Clothing is regaining its momentum, and PnP SA Supermarkets is showing an improved like-for-like performance relative to H2 FY26,” it said.<\/p>\n\n\n\n

Despite this improvement, the group added that “much remains to be done” to meet the break-even profit target.<\/p>\n\n\n\n

Pictures of the new Pick n Pay Hypermarket concept<\/h2>\n\n\n\n
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Pick\u00a0n\u00a0Pay\u00a0has launched a new-generation concept Hypermarket store in Bloemfontein as part of the group’s wider refresh of its footprint in the country.<\/p>\n","protected":false},"author":10,"featured_media":838215,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"failed","_sma_x_autopost_error":"Instagram publishing failed: Instagram returned HTTP 400: Media ID is not available","_sma_x_post_id":"2096101279516823974","_sma_facebook_post_id":"191437357620492_2196359217851144","_sma_instagram_post_id":"","_sma_x_attempts":1,"footnotes":""},"categories":[9872],"tags":[26418,4067],"class_list":["post-873985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-hypermarket","tag-pick-n-pay"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/873985","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=873985"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/873985\/revisions"}],"predecessor-version":[{"id":874004,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/873985\/revisions\/874004"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/838215"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=873985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=873985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=873985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}