Pick n Pay has closed another 19 stores in South Africa as the retailer continues restructuring its business and working to improve financial performance.
The closures form part of the groupโs broader turnaround strategy, which includes reviewing underperforming outlets, reducing costs, and focusing on stores that can operate profitably.
The retailer has faced pressure from intense competition in South Africaโs grocery market, where Shoprite, Checkers, Woolworths, and other chains are competing for customers.
The closures bring Pick n Payโs supermarket footprint to 520 stores. Despite the cutbacks, the retailer is showing signs of improvement: its headline loss narrowed to R299 million for the six months ended 31 August 2026, compared with R439 million a year earlier.
Online sales also grew, with turnover in the segment increasing by 35.4%.
Chief executive Sean Summers said the company is working to improve customer experience, strengthen competitiveness, and return to profitability. Pick n Pay is targeting a return to profit in 2029.