Pick n Pay Stores Limited is a South Africa-based company, which is engaged in retail business in fast-moving consumer goods industry. The Company operates through two segments: South Africa and Rest of Africa. Its South Africa segment operates in various formats under the Pick n Pay and Boxer brands in South Africa. Pick n Pay operates on an owned and franchise basis and provides a range of products and value-added services that includes an online offer. Boxer is a limited-range discount supermarket. It offers essential daily commodities, such as maize meal, rice, samp, sugar, oil and beans, as well as perishables, health and beauty products, general merchandise and bulk-buy offer. Its Rest of Africa segment is responsible for the Company's expansion into the rest of Africa. It operates approximately 2,039 stores across all formats. It operates in South Africa, Namibia, Nigeria, Zambia, Zimbabwe, Botswana, Eswatini and Lesotho among others.