In the recent past Pick n Pay have a received a bit of a bashing from the media most of which wasn’t entirely unjustified. Failing to live to up to ambitions, some their own, the group suffered somewhat. However this was, and is, in the face of particularly adverse conditions; an unfavourable trading environment, striking employees, and the continuing recession recovery. This makes it all the more encouraging to see positive developments coming from the group. They enjoyed strong growth in certain areas, including Liquor, Clothing and Private Label. In the case of the latter, they saw 11% growth which now accounts for 14% of packaged food sales, with further innovation to come. Furthermore, by implementing enhanced operating efficiencies and improved cost management they managed to moderate other negative factors. All this and more was covered in their recently released trading statement.
After weeks of frustration it seems that the end of the public sector strike is finally in sight. “’We have a deal. The unions that will sign from today (Wednesday, October 20, 2010) constitute a majority,’ Chris Klopper, a spokesperson for the Independent Labour Caucus federation, said on Tuesday.” Even so, the damage has been done and the road to recovery is sure not to be an easy one.
The Liquor industry made headlines this week as it was shown that it accounts for 4.4% of the country’s GDP. This thanks to the wide economic reach it has, making contributions from “manufacturing, packaging and marketing the company's products, and job support includes people the company employs and people who benefit indirectly from the sale of its products, such as bartenders.” SABMiller also made headlines as they boosted their SA sales by 3% for the first half of the year.
Here’s to hoping for an extended forecast of clear skies.
funkit fruit
funkit fruit is an exciting new range of Fruit Fillings and Toppings manufactured by Lakeland Food Company situated in the Garden Route Region of South Africa.
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Discover chocolatey fun at breakfast with the new Kellogg’s® Coco Pops® Choc’O’s®
We all know that breakfast is the most important meal of the day, and kids most certainly have set ideas about what they do and don’t like to eat. Often finding a middle ground with them on what to eat for breakfast can be challenging, so Kellogg’s® Coco Pops® is introducing a tasty breakfast option that will appeal to both the kids… and their parents.
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