Analysts: Chain must change to take on Wal-Mart
Posted: February 19, 2012 at 3:28 a.m.
Pick n Pay Stores Ltd.’s Ackerman family should loosen its hold over South Africa’s second-largest supermarket chain if a new chief executive officer is to ward off competition from Wal-Mart Stores Inc., analysts and fund managers said.
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Business, Pages 65 on 02/19/2012
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