JOHANNESBURG - Retail icon and founder of Pick n Pay, Raymond Ackerman, has died at the age of 92.
Ackerman founded Pick n Pay in 1967 in Cape Town.
The company describes him as a compassionate employer and a committed philanthropist.
Ackerman has been honoured by many institutions for his services to both business and society.
He leaves behind his wife, Wendy, children Gareth, Kathy, Suzanne, and Jonathan, his 12 grandchildren and four great-grandchildren.
With profound sadness we announce that Pick n Pay founder Raymond Ackerman has passed away.
— Pick n Pay (@PicknPay) September 7, 2023
A visionary entrepreneur, humanitarian and a great South African. Our country has lost a brilliant patriot who always saw a positive future for South Africa.🇿🇦 pic.twitter.com/Io0uunYhAJ