UPDATE 2-Low prices, cost cuts help Pick n Pay buck South African retail gloom <!-- no image --> <div>* Shares up more than 10% (Add details, write down on Zimbabwe investment and shares)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=aIUTstBnH1I:y5rY4ibicTo:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=aIUTstBnH1I:y5rY4ibicTo:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=aIUTstBnH1I:y5rY4ibicTo:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=aIUTstBnH1I:y5rY4ibicTo:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=aIUTstBnH1I:y5rY4ibicTo:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/aIUTstBnH1I" height="1" width="1" alt=""></div> Posted by Reuters