ACKERMANS STORES.: ACKERMANS STORES.
WELCOME TO ACKERMANS The Ackermans Success story began in 1916 when Gus Ackerman opened the very first store in Wynberg, Cape Town, setting a benchmark for price competitiveness that few could match. By 1960 the Ackermans chain had shown promising growth and was sold to Greatermans. Towards the end of the 70's Ackermans changed hands once again and was sold to Edgars who maintained its successful price discounter position. When Pepkor acquired Ackermans in 1984 there were 34 stores across the country. Pepkor were quick to realise that the strategy of adding value to the low price formula would better position Ackermans for growth, and it was at this point that Ackermans began its present period of exceptional growth. By the turn of the century Ackermans had grown to over 200 stores across Southern Africa, catering to all value conscious consumers. The new millennium heralds even bigger...
