Founder of Pick n Pay Raymond Ackerman dies at age 92

By | September 7, 2023

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Death – Obituary News : Raymond Ackerman, the founder of South African retail giant Pick ‘n Pay, has died at the age of 92. He established the company in 1967 with his wife Wendy. The news of his passing was announced by the retail group in a statement.

Founder of Pick ‘n Pay Raymond Ackerman dies at age 92

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South African retail tycoon Raymond Ackerman has passed away. The 92-year-old, who founded Pick n Pay in 1967 along with his wife Wendy, passed away yesterday. In a statement released by the retail group this morning, the company announced the sad news of Ackerman’s death and expressed their heartfelt condolences to his family.

Raymond Ackerman was born on March 10, 1931, in Cape Town, South Africa. He began his career in retail at the age of 17, working at a grocery store. After gaining valuable experience in the industry, Ackerman went on to establish his own supermarket chain, Pick n Pay, which would become one of the largest and most successful retail companies in South Africa.

Ackerman was known for his innovative approach to retail, introducing concepts such as self-service and promoting the importance of customer satisfaction. Under his leadership, Pick n Pay grew rapidly, expanding its reach across the country and becoming a household name.

Beyond his contributions to the retail industry, Ackerman was also a philanthropist and a strong advocate for education. He established the Raymond Ackerman Academy, a nonprofit organization that offers business and entrepreneurial training to young South Africans from disadvantaged backgrounds.

Ackerman’s legacy as a visionary entrepreneur and community builder will continue to inspire generations to come. His impact on the retail industry and his commitment to social upliftment will always be remembered.

The funeral arrangements for Raymond Ackerman will be announced by his family in due course..