Raymond Ackerman was a prominent South African businessman best known for his role as the founder of the Pick 'n Pay supermarket group. Ackerman displayed an early passion for business. After completing his education, he joined his father's clothing manufacturing business, where he gained valuable experience in retail operations before establishing his own venture that would revolutionize the South African retail industry. In 1967, Ackerman opened the first Pick 'n Pay store in Cape Town, introd... moreRaymond Ackerman was a prominent South African businessman best known for his role as the founder of the Pick 'n Pay supermarket group. Ackerman displayed an early passion for business. After completing his education, he joined his father's clothing manufacturing business, where he gained valuable experience in retail operations before establishing his own venture that would revolutionize the South African retail industry. In 1967, Ackerman opened the first Pick 'n Pay store in Cape Town, introducing a unique concept in the country's retail landscape. He aimed to provide South African consumers with high-quality products at affordable prices while offering exceptional customer service. His innovative approach quickly gained popularity, and the Pick 'n Pay brand expanded rapidly into one of Africa's largest supermarket chains, with a thirty seven billion Rand turnover (2006 figure) and more than 124 supermarkets, 14 hypermarkets and 179 franchised outlets. The Pick 'n Pay Group employs more than 30,000 people in several African countries becoming one of the largest supermarket chains in the nation. Ackerman was deeply committed to social responsibility. He implemented various initiatives to support education, healthcare, and job creation. Ackerman also played an instrumental role in promoting black economic empowerment in South Africa, advocating for equal opportunities and economic inclusivity.
Pick n Pay Supermarkets, SA Business, South African Businessman, SA Billionaire, Billionaire, Businessman, SA Retail Business
