- Published: Monday, 27 November 2017 10:16
- Sourced by SolutionsTeam
BY STAFF WRITER
“Our philosophy is that rich people love low prices, poor people need low prices and so the whole business philosophy was built around that. So, to get your prices low, you’ve got to have your cost low, you’ve got to be very efficient as a company.” Ackerman began working at his father’s shop as a young boy and his work ethic grew from there: “I spent every Friday night, because we used to have late-night shopping, working in the supermarket from the age of 10. You can’t do it today with all the child labour laws, but I packed tills, packed the shelves, swept the floor and eventually became a cashier. There virtually was no job in Pick n Pay that I haven’t done. I’ve run stores, I’ve been a buyer, I’ve run the company,” he explains.