TM PnP gears up for festive season

Meikles wants to exit the hospitality space to concentrate on the retail business which it operates with South Africa partner Pick n Pay. Under the TM Pick n Pay brand, Meikles controls 51 per-cent while Pick n Pay holds the remaining 49 percent.

MEIKLES says its TM Pick n Pay supermarkets will be fully stocked in anticipation of heightened festive season demand, supported by strong working capital. In its financials for the six months to August 31, 2025, the group said its TM Pick n Pay supermarkets segment has already seen a marked increase in trading in the…

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