Massmart is a South African-based retail group, 52.8% owned by Walmart International, represented bin 423 wholesale and retail formats, operating in 13 countries in sub-Saharan Africa. Massmart is listed on the Consumer Services-Retail sector of the ...
MITCHELL SLAPE CEO of Massmart Holdings Limited Read more
There was a time when if you wanted a pair of Levi’s 501s you’d have to go down to Grey Street on a Friday after school and drive a hard bargain with the sharp-eyed sales assistant at Kalidas Extension and still pay twice what you would for the equiv... More »
Doing the quiet work of futureproofing Massmart during a not untroubled ambit in the Group’s history is its supply chain team, which in recent years has made great strides in consolidating the logistics, warehousing and stock control systems across t... More »
A very tough year for Massmart, as evinced by its latest set of results: sales -1.9% to R84.9bn for the year through December (including discontinued operations of Cambridge Food, Rhino and Massfresh), with trading profit an appalling -83.3% down to ... More »
What should Massmart do re Game? There really are only three options, if you listen to the pundits. Turn it around, sell it, or shut it down. And with sales -8.1% for the year through December at the discount retailer, having shrunk for the past four... More »
So a Massmart update, then, for the year through December, telling the story of a year in which the Group’s solid turnaround strategy was largely frustrated by civil unrest in the middle of the year and ongoing fallout from the COVID-19 pandemic. Gro... More »
HEAD OFFICE
Massmart House
16 Peltier Drive
Sunninghill Ext. 6
Sandton
Johannesburg
2157
TEL 011 517 0000
FAX 011 517 0020
EMAIL info@massmart.co.za
WEBSITE
www.massmart.co.za
Massmart is a South African-based retail group, 52.8% owned by Walmart International, represented bin 423 wholesale and retail formats, operating in 13 countries in sub-Saharan Africa. Massmart is listed on the Consumer Services-Retail sector of the JSE since 2000.
The Group comprises a portfolio of differentiated, large-format focused wholesale stores and medium-sized retail formats, as well as hybrid stores catering to retail, wholesale and traders
Massmart is a leading distributor of consumer goods in Africa and have leading market shares in general merchandise, liquor and home improvement supplies, and wholesale food markets.
The Group, headed up by Mitch Slape since 2019 (with Walmart since 1995), operates through two functional business units: Massmart Wholesale and Massmart Retail.
For insight into Massmart’s financial & operational performance and strategic growth imperatives, contact Trade Intelligence on +27 [0] 31 303 2803 or info@tradeintelligence.co.za.