Raymond Ackerman (businessman)

Raymond Ackerman GCOB (10 March 1931 – 6 September 2023) was a South African businessman, who purchased the Pick 'n Pay supermarket group from its founder.

[2] After graduating from the University of Cape Town with a Bachelor of Commerce, he joined the Greatermans group in the Ackermans division in 1951 at the age of 20 as a trainee manager.

Ackerman won the Outstanding Young South African award in 1965, along with Gary Player and by 1966, at the age of 35, he was the managing director of 85 Checkers stores; however, he was fired in the same year.

Eventually, the government threatened to arrest me if I sold petrol at a discount.”[2] To keep prices low, the firm imports branded products.

In 2009 he announced his retirement and that his son, Gareth would succeed him as chairman[4] The Ackerman family's support for the Red Cross War Memorial Children's Hospital dates to Gus's involvement in funding its establishment in 1956.

Pick 'n Pay was very involved with Cape Town's bid to bring the 2004 Summer Olympics to South Africa.

His and Wendy’s mark is found all over South Africa in the staff trained, organisations started, charities supported, and businesses incubated.

No less in the Jewish community, where their concerns have always been around education, inspiration, and inclusivity.”[5] Ackerman received an honorary doctorate in law from Rhodes University in 1986.

[citation needed] Raymond Ackerman published three books on his experiences and with advice for young entrepreneurs.