<\/p>\n
Three years ago, Pick n Pay was running out of road.<\/p>\n
Sean Summers had returned as CEO, but within three months the retailer had breached its covenants and exhausted all its available facilities.<\/p>\n
ADVERTISEMENT<\/p>\n
CONTINUE READING BELOW<\/p>\n
Today, a stand-off with unions has been resolved without retrenchments, customers are gradually returning, and a successor has been named.<\/p>\n
Read:<\/p>\n
Pick n Pay appoints former Woolies Food boss as CEO-designate
\n\u2018We\u2019re winning back customers one at a time\u2019 \u2013 Pick n Pay\u2019s Sean Summers<\/p>\n
This week on The Executive Exchange, Summers tells Bronwyn Nielsen what it took to bring a South African retail institution back from the brink.<\/p>\n
He discusses the handshake deal for Boxer, the \u201curban legend\u201d he had to confront, and why every CEO now needs to know their journalist (KYJ).<\/p>\n
ADVERTISEMENT:<\/p>\n
CONTINUE READING BELOW<\/p>\n
Pick n Pay share price\u00a0<\/p>\n
For previous episodes of The Executive Exchange,\u00a0click here\u00a0or view on MoneywebTV on our\u00a0YouTube channel.\u00a0<\/p>\n
#brink #Sean #Summers #saving #Pick #Pay<\/p>\n","protected":false},"excerpt":{"rendered":"
Three years ago, Pick n Pay was running out of road. Sean Summers had returned…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[3867,1426,26,239,1872,15858],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/19785"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19785"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/19785\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}