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Pick n Pay asks suppliers to cut costs
Food suppliers have been asked to investigate ways of cutting costs, food retailer Pick n Pay said on Wednesday.
Nick Badminton
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Double dollop
There’s finally good news on the inflation front, with more expected next month, writes Maya Fisher-French.
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Pick ‘n Pay named world’s best retailer
Pick ‘n Pay was on Tuesday voted the world’s best retailer by international retail organisation, the National Retail Federation.
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Pick ‘n Pay to spend R110m on new look
South African grocer and retailer Pick ‘n Pay is to spend R110-million to change its brand identity and introduce and repackage most of its product lines, it said on Monday. However, the name "Pick ‘n Pay" will remain unchanged. The company will also launch a new customer magazine, <i>Fresh Living</i>.
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Pick ‘n Pay expects inflation to hit food sales
Chief executive of Pick ‘n Pay Nick Badminton told analysts in Cape Town on Tuesday that although food was often the last to be affected by inflation, "we feel that it will be a little tight in the next six months". He said that internal inflation within the group was showing a 7% increase for the full year, but warned that August showed inflation at 9,5%.
