Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Pick n Pay thwarts Checkers ads

Apr 13 2010 08:04 Letitia Watson

Related Articles

Retailers unfazed by product act

PayPal launch 'boon for business'

Ackerman scoffs at high margins

PnP to delist 25.7m shares

SA's wage anomalies

 

Top Stories

Gauteng road project costs rocket

May 25 2012 13:58

The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.

Greek euro worries pressures rand

May 25 2012 19:13

Uncertainty over the future of the euro zone returned to push the rand down against the dollar.

JSE halts 'incorrect' trade

May 25 2012 11:36

The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.

 
Share Share line Print

Cape Town - Pick n Pay recently put a spoke in the wheel of a television advertising campaign by its competitor Checkers.

In the Checkers advertisements, Africa's largest retailer boasts about its lamb, cheeses and wines and that more than 800 000 South Africans started buying from Checkers during the recession, rather than adjusting their living standards.

On behalf of Pick n Pay Retailers, attorneys Bell Dewar laid a charge with the Advertising Standards Authority of SA, demanding that various statements made in the advertisement be subjected to objective substantiation.

"Objective substantiation" requires that all statements, whether indirect or implicit, be supported by objective proof before the marketing material may be distributed.

The 800 000 consumers that purportedly now prefer to shop at its competitor put Pick n Pay's back up, as well as the claims that Checkers sells the best lamb, wines and exotic new cheeses.

Pick n Pay asked Checkers to deliver proof that all of these statements were factually correct. Instead, Checkers decided to withdraw the advertisement, which has not been broadcast on television or radio since March 24.

- Sake24.com

For business news in Afrikaans, go to Sake24.com.

 
 
Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

NicolaaSmith

CIPPA equals automatic zero erosion in the constant item economy We do not have stable – as in fixed real value – money. The real value of money is generally accepted by the public at large to be stable – as in fixed – in low inflation economies, but this is not true. The be... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...