Pick n Pay wants to convince suppliers to drop prices
Warning of increases despite cut in fuel costs forces CEO into action
Photo: INLSA January 27, 2009 Edition 1
Murray Williams
Supermarket giant Pick n Pay has called an urgent summit with its suppliers in a bid to cut food and grocery costs – some of which continue to rise.
As increasing numbers of cash-strapped shoppers struggle to make ends meet, Pick n Pay chief executive Nick Badminton yesterday said consumers were looking for some respite since the dramatic drop in the fuel price, which usually affects prices across the board.
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