The South African Commercial, Catering, and Allied Workers Union (Saccawu) have opted to suspend plans to strike at all of Massmart Group’s companies over a dispute at Makro and will …
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Makro
Makro owner Massmart witnessed a billion-rand loss over the 26 weeks ended 26 June 2022 and despite this, its online platforms have performed well. The company believes it will be prepared …
- AfricaAFRICA NEWSBusinessEconomySouth AfricaSouthern Africa
Walmart launches offer to buy S.African retailer Massmart
U.S retail giant Walmart Inc has launched a 6.4 billion rand ($377.6 million) offer to buy the remaining shares of South African retailer, Massmart. They bought the initial 51% in 2011 …
Massmart, the embattled owner of Game and Makro, expects its headline loss to increase by at least 51% for the 26 weeks to end-June, to a possible loss of R974 …
Major retail outlet Makro has launched its first stand-alone shopping app which will enable customers to purchase merchandise, liquor, and pantry items, remotely. The Makro Shopping App, available to Apple …
- BusinessSouthern Africa
Pick n Pay, Makro and other stores takes advantage of shift in shopping in South Africa
While this demand for physical shopping is out of lockstep with other parts of the world, major retailers including Pick n Pay, Mr. Price and Marko-owner Massmart plan to take advantage. …