Pick n Pay reports 'disappointing result'

Date : 23 April 2013
Pick n Pay has reported turnover growth of 7.1% for the year ended 3 March 2013, to USD6.5bn, with gross profit up 5.3%. 'We failed to turn sales into sufficient profit' Despite the sales and profit growth, Pick n Pay feels this performance is not up to its standards. The retailer sold more…
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