INSIDE THIS ISSUE:

FESTIVE SEASON SET TO SHOW GOOD RETAIL SALES

BE AWARE OF CONSUMERS' RIGHTS THIS FESTIVE SEASON

FASA'S SPEAKER EVENTS A SUCCESS THANKS TO UNIQUE SPEAKER BUREAU

FASA MEMBER NEWS

PICK N PAY IS BACK!

CAR SERVICE CITY CELEBRATES ITS SUCCESS

OCEAN BASKET OPENS FIRST TAKEAWAY STORE IN MIDDELBURG

FASA'S PLANS FOR 2014

FASA AWARDS FOR EXCELLENCE IN FRANCHISING BACK ON TRACK

FASA ANNUAL CONFERENCE TO RUN ALONGSIDE IFE

IT'S SHOWTIME WITH FRANCHISING TAKING CENTRE STAGE AT IFE 2014

THE MANAGEMENT AND BOARD OF FASA WISHES ITS MEMBERS AND ALL THOSE IN THE FRANCHISING SECTOR WELL OVER THE FESTIVE SEASON AND ALL THE BEST FOR 2014!

 

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Pick n Pay is back!

After slipping behind its competitors, Pick n Pay's recent good results of a 13.6% rise in first-half profit, with sales gaining 6.2% to R30.1bn, shows that the company, through aggressive cost cutting and supply chain streamlining has recovered and is set to continue to be one of the leading brands in the retail space. With stalwart Raymond Ackerman stepping in to express his concern and determination to restore the company's reputation, the growth of stores both in South Africa and across its borders remains strong with 44 stores opened across all formats during the reported period - resulting in more stores being launched over a six-month period than at any other time in the past decade. Although the group closed 9 underperforming stores, it expects to open 60 stores in the next six months.