The retailer completed 44 supplier audits in the financial year ended February 2026, reporting no incidents involving counterfeit goods, child or forced labour or unsafe working conditions. Its parent company, Meikles, in its 2026 annual report, said the retailer was broadening its supplier assessment framework to capture not only supplier characteristics but also their environmental, social and governance performance.
SOUTH AFRICAN retailer Pick n Pay says continued losses at its Zimbabwean associate, TM Supermarkets, remained a drag on group earnings during the year ended March 1, 2026, despite the reduction in the prior year’s deficit. In its full-year financial results statement, Pick n Pay said its 49 percent investment in TM Supermarkets has remained…
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