Loading...
See More

Pick n Pay warns of low stock

Oct 04 2012 14:01 Sapa

Company Data

PICK N PAY STORES LIMITED [JSE:PIK]

Last traded 51.40
Change 0.36
% Change 0.01
Cumulative volume 1110555
Market cap 25.05bn

Last Updated: 22/10/2014 at 04:23. Prices are delayed by 15 minutes. Source: McGregor BFA

SHOPRITE HOLDINGS LIMITED [JSE:SHP]

Last traded 141.53
Change -1.2
% Change -0.01
Cumulative volume 994544
Market cap 81.08bn

Last Updated: 22/10/2014 at 04:23. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

PnP opens distribution centre

New CEO for Pick n Pay

Transport talks continue

Trucker strike: Union warns of escalation

Road freight employers to seek interdict

Petrol chaos at SA filling stations

 

Johannesburg - Retailer Pick n Pay Stores [JSE:PIK] warned on Thursday that it was running low on some goods at its stores due to the truck drivers' strike.

"The effect is most noticeable in fresh produce and poultry," operations director Neal Quirk said.

Despite contingency plans being in place, shelves at some of its outlets in the Johannesburg CBD had no stock. One store in Braamfontein had signs up warning customers that stock was low due to non-delivery of goods.

"Our suppliers are in a similar position and the situation could become worse should the strike continue."

A Shoprite Holdings [JSE:SHP] store a few blocks away had had no problems with deliveries.

As far as filling stations in the CBD were concerned, only one or two pumps were still supplying fuel at a Caltex garage.

A Total garage in Newtown was forced to shut after fuel ran out on Wednesday night.

"The last time we had a delivery was over the weekend. The fuel is finished now and no tanker has been coming in," said a petrol attendant.

Another Total garage in Braamfontein was still operating. Fuel had arrived with a police escort on Tuesday, said a petrol attendant who identified himself as Aubrey.

The strike by thousands of truck drivers was in its second week. In parts of the country trucks had been pelted with stones and set alight. Pranksters sparked panic by sending out messages claiming additional attacks and marches.

Drivers wanted a 12% salary increase while employers offered 8.5% for next year, and another 0.5% the following year.


Do you have any pictures, send them to editor@Fin24.com

*Follow Fin24 on TwitterFacebookGoogle+ and Pinterest.


pick n pay stores  |  transport strike
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
69 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 

Money Clinic

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