Pepkor Holdings Limited announced that the company will open 250 to 300 new stores in FY26, extending its physical presence and improving customer access.
Pepkor Holdings Limited specialises in mass distribution. Net sales break down by category of products as follows:
- apparel, accessories and FMCG (63.7%): 4,493 stores in operation at the end of September 2021, divided between the Pep (2,476), Ackermans (896), Pep Africa (284) and other (837; Dunns, John Craig, Refinery, Shoe City and Tekkie Town) banners;
- furniture, appliances and consumer electronics (13.9%): operation of 864 stores under the Russells, Bradlows, Rochester, Sleepmasters, Incredible Connection and HiFi Corp banners;
- building materials and DIY Tools (10.9%): operated 113 stores under the BUCO, Timbercity, Tiletoria, Floors Direct, MacNeil, Cachet, B-One, Buchel, W&B Hardware, Bildware, Citiwood and Brands 4 Africa banners.
The remaining sales (11.5%) concerns the sale of electronic payment systems (Flash brand) to informal merchants.
South Africa accounts for 89.9% of sales.
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