date:May 23, 2016
sed, requiring a significant injection of capital.
Pick n Pay
Former employee Donald Yates shed some light on the situation: ''The issue is that the profit margins on cut fruit and veg are so low, and the company's overheads were too high. About a month ago we lost some big business from one of the biggest retailers, Pick n Pay. They chose to move their cut fruit business elsewhere and then the sales were just too small to maintain the overheads.''
The company was essentially reliant on Pick a