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Mar 19, 2024 · Massmart is an African retail and wholesale group with widely recognised and differentiated formats, represented in over 300 stores in 9 sub-Saharan countries. We have leading market shares in the general merchandise, liquor, home improvement and wholesale food markets. Our key foundations of high volume, low cost, responsible business and ...
- About Us
Massmart and the Economic Development Department are proud...
- Our Brands
Massmart is the home to some of Africa's most loved brands....
- Our People
We couldn’t serve our customers without the continued...
- Responsible Business
Our aim is to build the strongest and healthiest diversified...
- Governance
The Massmart Board is comprised of experienced leaders with...
- Our Operating Model
Our customer-centric operating model allows us to be an...
- Diversity, Equity and Inclusion
Introducing Massmart’s new Women in Leadership Council. With...
- Working at Massmart
Culture is the foundation of everything we do at Massmart....
- About Us
Massmart Holdings Limited is a South African firm that owns local brands such as Game, Makro, Builder's Warehouse and CBW. It is the second-largest distributor of consumer goods in Africa , the largest retailer of general merchandise, liquor and home improvement equipment and wholesaler of basic foods. [4]
Aug 29, 2022 · Walmart Inc has launched a 6.4 billion rand ($377.6 million) offer for the remaining 47% of South African retailer Massmart it does not already own, valuing it at a premium of over 50%.
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Sep 1, 2022 · Massmart had said on Monday that its majority owner Walmart had offered it 6.4 billion rand ($373 million) to purchase the remaining shares and to delist the company from the Johannesburg Stock ...
Aug 26, 2022 · Results Summary. Total sales from continuing operations for the 26 weeks to 26 June 2022 of R38.1 billion represented an increase of 1.9%, with comparable store sales increasing by 4.3%. Gross margin from continuing operations decreased by 95bps to 19.6%, while total continuing operations expenses grew at 4.4%, well below inflation of 7.4%.
Dec 21, 2021 · 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 | 210,678 followers on LinkedIn. Massmart, Africa’s second largest retail group, comprises four divisions operating in 423 stores, across 13 sub- Saharan countries. Through our widely ...