Grocery retailer Pick n Pay said this week it had doubled the number of plant-based products it stocks over the past two years, and sales continue to grow year-on-year, with newness driving this growth among local customers.
“Veganism is a growing trend as customers increasingly become more health-conscious and environmentally aware. Locally, movements such as Veganuary — which Pick n Pay is once again part of — continue to drive awareness about plant-based diets,” the grocer said. is an annual challenge that promotes and educates about veganism by encouraging people to follow a vegan lifestyle for the month of January.
“Global warming and climate change are a big concern for our customers. The health of our planet has become the leading global concern and this is very much intertwined with the plant-based trend”. The grocer said it now stocks over 300 plant-based products and has introduced 150 new products over the past 24 months. The products range across grocery, frozen and non-edible categories such as household, beauty and toiletries. Some of the best-selling products include plant-based milks and yoghurt, plant-based butter, ready meals, dairy-free frozen dessert, and tofu and feta ranges.
“This is fuelling the growth of the category as customers become more willing to try different alternatives,” says Russell.Global tech giant, Microsoft, is reportedly set to cut 5% of its workforce. This will leave approximately. Microsoft employs more than 220 000 people globally. The tech company will take a R20 billion charge in the second fiscal quarter related to the move, which will shave 12 cents off of earnings per share.