News: South Africa-based supermarket Pick 'n'Pay has appointed Richard Brasher as its new CEO. Richard Brasher was earlier working as Tesco's CEO of its UK-based operations. The appointment takes effect from 01 February 2013.
BMI View: Pick 'n Pay is South Africa's second largest grocery chain by revenue, operating across a range of store formats including hypermarkets, supermarkets and convenience stores. It operates around 500 outlets in South Africa. Pick 'n Pay also operates stores in Zambia, Namibia, Botswana, Zimbabwe, Lesotho and Mozambique.