How Pepkor put Steinhoff hangover behind it

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For four years, Steinhoff has been something of a millstone around Pepkor’s neck. But a razor-sharp focus on business has allowed the company not just to survive, but to thrive - even if analysts are still treating it with caution.

For a group that prefers low-key to the spotlight and prides itself on making life easier for the ordinary man, Pepkor has spent a helluva lot of time recently in high-octane legal wrangles.

There’s no disguising that Pepkor is a juggernaut. As the largest nongrocery retailer in SA, it clocks up R77.3bn in sales from its low-cost discount stores. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Source: News Formal (newsformal.com)

 

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