Ackermans

Industry	Retail
Founded	1916 (107 years old)
Founder	Gus Ackerman
Headquarters	Kuilsrivier, Western Cape, South Africa , South Africa
Number of locations	700
Area served	South Africa, Namibia, Botswana, Lesotho, Zambia, Eswatini (Swaziland)
Key people	Charl Cronje (MD)
Products	Clothing, clothing accessories, footwear, homeware, cellular, financial services
Revenue	R 5 billion (2012)[1]
Number of employees	3,622 [2]
Parent	Pepkor
Website	https://www.ackermans.co.za/

Ackermans is a South African chain of clothing retail stores. Founded in 1916 in Wynberg, Cape Town, Ackermans has over 700 stores across Southern Africa, including in Namibia, Botswana, Lesotho, eSwatini and Zambia,^[3] and is headquartered in Kuilsrivier near Cape Town. In 2015 Ackermans was rated the second best clothing store by the South African Consumer Satisfaction Index.^[4][5]

History

Ackermans began in 1916 when Gus Ackerman opened the very first store in Wynberg, Cape Town, South Africa.^[6]

In 1960, Ackermans was sold to Greatermans.^[7]

in 1970, Ackermans was sold to Edgars who maintained its successful price discounter position.^[8]

In 1984, Pepkor acquired Ackermans. At the time, there were 34 stores across the country.

By the turn of the century Ackermans grew to over 200 stores across Southern Africa. By the end of the 2002/2003 financial year their stores numbered 284.

Today, with more than 450 stores in Southern Africa, the business is set to exceed R5 billion in turnover.^[9][1]

Awards

Ackermans have received many awards

References