PEPKOR HOLDINGS LTD

PEPKOR HOLDINGS LTD Organogram

Pepkor Holdings Ltd is a non grocery retailer that focuses on discount, value and specialised goods. The Pepkor group provides clothing, footwear, homeware, general merchandise, cellular products, furniture, appliances, consumer electronics and financial services in 10 countries, including Angola, Botswana, Brazil, Lesotho, Mozambique, Malawi, Namibia, South Africa, Eswatini and Zambia.

The group is organised into business units based on products and services through the following segments:

Traditional Retail with a total of 5,899 stores as at 30 September 2024:
• Clothing and General Merchandise, which includes all clothing, footwear, homeware and cellular products has a total of 4.993 stores:
- Pep - comprises 2,617 stores and 17,100 employees across South Africa, Botswana, Lesotho, Namibia, Eswatini.
- Pep Africa - comprises 230 stores, and 1.900 employees across Angola, Malawi, Mozambique, and Zambia.
- Ackermans - comprises 1,041 stores across South Africa, Botswana, Lesotho, Namibia, and Eswatini.
- Pepkor Speciality, comprises 922 stores which includes Dunns, Refinery, Code, 8 S.P.C.C., Shoe City stores and Tekkie Town stores across South Africa, Botswana, Lesotho, Namibia, Eswatini.
- Pep Clothing (PepClo) is the group's owned large manufacturing operation of basic apparel that provides products to PEP, Ackermans, Dunns and CODE. It produces most of Pep's schoolwear and has expanded to include underwear and flipflops.
- Avenida - Brazilian value retailer with 183 stores.

• Furniture, Appliances and Electronics, includes Pepkor Lifestyle, totalling 906 stores across South Africa, Botswana, Namibia and Eswatini.
- Home: Russells - 223 stores, Bradlows - 236 stores, Rochester - 47 stores and Sleepmasters - 256 stores
- Tech: Incredible Connection - 89 stores, HiFi Corp - 53 stores

• FinTech (brands include A+. Connect, Foneyam, Capfin and Abacus). Services offered include:
- Credit: Tenacity supports the Ackermans, PEP and Pepkor Speciality CGM brands in terms of interoperable credit sales across brands through store cards to customers.
- Connect: Provides credit through instalment sale receivables to the furniture, appliances and electronics brands.
- Lending: Capfin provides unsecured credit to customers under the Capfin brand and has 170,000 current loans.
- Insurance: Abacus provides insurance products via its subsidiaries to customers of the group.

• Informal Market
This segment includes the retail and sale of complementary financial services and products to online customers through Flash, a technology-driven B2B business. Using smart technology, traders can offer customers access to virtual products and services such as mobile data, airtime, prepaid electricity, money transfers, bill payments, streaming services and gaming. As of 30 September 2023, R37.1bn cash was digitised in the informal market.