Walmart takes full control of Massmart following US$371m stake acquisition deal
SOUTH AFRICA – South African retailer Massmart has delisted from the Johannesburg Stock...
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Tag: Massmart
Massmart fails to find potential buyer for East, West Africa-based Game stores, mulls closure
EAST/WEST AFRICA – Restructuring South African retailer Massmart, has started the process of...
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Shoprite competitors Pick n Pay, Spar not pleased with planned acquisition of Massmart’s assets
SOUTH AFRICA – As Shoprite jubilates advancing its proposed acquisition of Massmart’s units...
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Walmart doubles down commitment on Massmart, seeks to buy out minority shareholders
SOUTH AFRICA – American multinational retail corporation, Walmart, plans to acquire all of...
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Massmart’s Chief Operating Officer Jonathan Molapo to succeed Mitch Slape as Chief Executive Officer
SOUTH AFRICA – As Walmart strengthens its commitment to its South African unit –...
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SA retailer Massmart expects bigger loss as half year sales flat
SOUTH AFRICA – Walmart-owned South African retailer, Massmart expects its headline loss in...
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Massmart opens second major product-based distribution centre in Johannesburg
SOUTH AFRICA – Walmart-owned South African retailer, Massmart, has opened a new distribution...
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Competition Commission gives nod for Massmart’s sale of businesses to Shoprite
SOUTH AFRICA – South Africa Competition Commission has recommended the Competition Tribunal...
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Massmart reports marginal decline in total sales by 1.9% to US$5.4 billion
SOUTH AFRICA – Consumer goods distributor Massmart has reported a 1.9% decrease in total group...
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Spur flags doubling of earnings as Covid-19 recovery continues, Massmart expects huge loss
SOUTH AFRICA – South Africa headquartered fast–food chain operator, Spur Corporation,...
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Massmart’s nine months turn over shyly rise by 0.2% supported by positive performance in Makro
SOUTH AFRICA – Consumer goods distributor Massmart, has reported a 0.2% marginal rise in...
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Massmart eyes majority stake in delivery service provider OneCart to bolster eCommerce capabilities
SOUTH AFRICA – Walmart-owned South African retailer, Massmart has reached agreement to...
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