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 accounts for roughly 20% ...

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 ...

Massmart Holdings said on Friday its annual total sales dropped, dented by pandemic-related liquor trading restrictions, supply chain disruptions and as the South African retailer lost sales from ...

South African retailer Massmart said on Thursday it had decided to close all of its non-performing stores, as cash-strapped consumers battle with high unemployment, modest wage increases and ...

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 ...

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.

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 ...

He noted that Massmart was relatively far along in South Africa, which he said he believed had the best economy on the continent, so would need to grow in the other countries where it did business.

Through the placement of custom-built 20ft e-waste collection bins at Makro stores, members of the public have had the opportunity to recycle their old electronics free of charge since 2008, making ...

Oct 5 (Reuters) – South African retailer Massmart Holdings MSMJ.J said on Wednesday that it had begun staff consultations about closing its Game stores in East and West Africa, after efforts to ...

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 ...

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 ...