Pick n Pay technically insolvent

[LCBXX]

Pick n Pay technically insolvent

For the first time in history, Pick n Pay is technically insolvent. This followed a dismal performance over the last year.

But...

Pick n Pay asap! on winning streak

Pick n Pay says its on-demand delivery services were the driver behind its 74.4% online sales growth.

mybroadband.co.za

 

[LCBXX]

Amazing how Checkers used to be the stinky step-child, and PnP was the "family grocer"..

Raymond Ackerman is turning in his grave, that's for sure.

 

[Jan van Riebeeckstad]

But...

Pick n Pay asap! on winning streak

Pick n Pay says its on-demand delivery services were the driver behind its 74.4% online sales growth.

mybroadband.co.za

How dare you contradict Bianca?

 

[LCBXX]

How dare you contradict Bianca?

View attachment 1715825

I appreciate that she's got bills; It's not my fault she got duped into studying journalism.

 

[netstrider]

Five Pick n pay shops closed in and around my area. The one closest to me is now a Checkers. Don't know about the other four.

 

[purple face]

Pick n Pay in serious trouble

Pick n Pay is technically insolvent and has breached all its debt covenants, which shows it is in serious financial trouble.

businesstech.co.za

 

[purple face]

I think people are shopping from Checkers and Spar now

 

[backstreetboy]

I've stopped shopping at PnP due to poor service, especially during SASSA payouts and the frequent lack of money at tills. Their quality issues with meat are also unacceptable. Let Walmart come in. Child support grant customers deserve better service.

Walmart is already here and their service is even worse.