Pick n Pay’s future is safe and sound
By Business Reporter
PICK n Pay – a subsidiary of the Ohlthaver & List (O&L) Group – last week cleared the air on its future following reports on “the future of Pick n Pay” in the local media and on social media that purported that the retailer is facing a bleak future.
Providing clarity on the closure of its store at the Pick n Pay Centre (formerly the Seagulls Mall) in Walvis Bay, O&L Group corporate communications manager, Roux-che Locke said:
“As part of our business realignment strategy that has been developed in order for us to turn Pick n Pay Namibia into a sustainable and profitable business and in so doing, secure the jobs of our employees, a decision was taken to close that store as the current economic climate in the Erongo region unfortunately does not allow us to operate three stores in that region as it duplicates already high operating expenses, including extremely high utility costs in comparison to the rest of Namibia. At this stage, there are no further closures planned and we will continue to have a presence in the Erongo region with our stores at the Dunes Mall and in Swakopmund.
“The closure of the Pick n Pay store at the Pick n Pay Centre, is by no means related to the current Covid-19 pandemic. However, the consequential impact of Covid-19 remains a concern for all businesses, including Pick n Pay. We would like to categorically state that, while some of our employees at the closed Pick n Pay store at Walvis Bay Pick n Pay Centre opted to be retrenched (and others were relocated), the future of our employees through job security at Pick n Pay and the rest of the O&L operating companies, remains our top priority as we strive to achieve the O&L vision and objectives of 2025.”
Locke also responded to a media report regarding the future sponsorship of the Pick n Pay Cycle Classic event.
“This is totally incorrect and misleading as the report was unfortunately misconstrued, creating a factually incorrect and negative perception of Pick n Pay and the O&L Group. In fact, we would like to assure you that we are passionately and aggressively committed to our purpose: ‘Creating a future, enhancing life.” Locke said.