African Expansion Plans. Massmart runs nine wholesale and retail chains with approximately 288 stores in 14 African countries. Wal-Mart believes that South Africa is a key market for growth and it ...

South African retailer Massmart met expectations with a one-third rise in full-year profit on Thursday, boosted by an extra trading week and favourable currency swings as debt-laden consumers rein ...

South Africa's Massmart sales drop as COVID curbs, civil unrest weigh. By Reuters. January 28, 2022 12:37 PM UTC Updated January 28, 2022 A worker walks beneath a logo at Makro Store ...

South African retailer Massmart Holdings flagged on Tuesday a wider annual loss, due to store damages and lost trading income suffered due to looting in July during protests over former President ...

South African retailer Massmart plans to increase its stores outside its home market by more than a quarter in the next two years, the company said on Thursday as it reported an almost 16 percent ...

Massmart Holdings Inc., the South African supermarket chain owned by Wal-Mart Stores Inc., gained, leading the country’s index of retailers to the longest winning streak in nine months.

Massmart, based in Johannesburg, South Africa, has stores in 14 sub-Saharan countries. Credit... Nadine Hutton/Bloomberg News. Massmart can be described as a combination of Wal-Mart and Home Depot ...

Walmart-controlled Massmart, a beneficiary of South Africa’s boom years, will on 22 November 2022 delist from the JSE, signalling failure to capitalise on its retail head start, say analysts. Massmart ...

JOHANNESBURG, Feb 28 () - Massmart Holdings Ltd, one of South Africa's biggest retailers, plans to add 47 new stores between 2019 and 2021, with about a third of the new space outside its home ...

The fierce flames that tore through the coastal towns of Knysna, Sedgefield, and Plettenberg Bay not only decimated homes and ...

JOHANNESBURG (Reuters) -South African retailer Massmart Holdings flagged on Friday a wider annual loss of up to 1.6 billion rand ($106 million), hurt by store ...

JOHANNESBURG, Feb 27 (Reuters) – South African retailer Massmart met expectations with a one-third rise in full-year profit on Thursday, boosted by an extra trading week and favourable curren… ...