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More news about Massmart
This section features selected Massmart news stories that are not covered in “Massmart in the News” RSS feed.
Bloomberg - Walmart's Massmart unit sales climb 15 percent amid spending slowdown
10 January 2013
Massmart Holdings Ltd., South Africa’s biggest food and goods wholesaler, said sales rose 15 percent amid a slowdown in consumer spending and an increase in the jobless rate...
Sunday Times – Walmart lustre rubs off on winner
Joburg 12 October 2012
Game comes out trumps in three separate categories in this year's annual Retail Awards.
Reuters News - Walmart wants PCs to sleep earlier
12 September 2012
Walmart Stores Inc is asking computer makers to shorten the default time it takes for their laptops and PCs to lapse into sleep mode as part of the retailer's effort to sell products that are more environmentally friendly...
The Wall Street Journal – Africa learns the Wallmart way
Global 7 September 2012
By coming into South Africa, Walmart has set its sights on a bigger market - the entire continent. And South African suppliers see that expansion as their ticket into a wider, even global, market...
Cape Argus – Walmart merger sparks price wars
Joburg 30 August 2012
Walmart seems to have stirred up price competition among larger retailers in SA, a much needed boon for consumers.
MARKETWATCH – WALMART PROFIT RISES 9.2% AS US GAINS TRACTION
Global 17 May 2012
Walmart Stores said Thursday its first-quarter profit increased 9.2% after Walmart US, its biggest unit, reported a third straight quarterly same-store sales gain...
Walmart turns up the heat
Joburg 30 January 2012
The purchase [of Massmart] will lower prices without hurting local suppliers
Massmart aims a low blow
Joburg 09 January 2012
Massmart and Walmart gave their competitors more grey hairs with the launch of their third extended price-cut promotion...
Walmart 'good for lower prices'
Joburg 09 January 2012
Walmart’s entry into South Africa would be good for consumer prices, research has shown...
Sake 24 - Massmart sÒ groen
Joburg 08 December 2011
Massmart is een van net 22 uit meer as 100 maatskappye wat as beste presteerders aangewys is...
THE COLUMBUS DISPATCH - ONE VOLT OWNER LEADS CHARGE
Ohio 14 July 2011
Easton Walmart opens first public station for use by drivers of plug-in electric vehicles...
BUSINESS DAY - MASSMART AIMS TO DEVELOP SA SUPPLIERS
Joburg 08 July 2011
Company says Mr Mthunzi will have R100million to develop South African manufacturers, farmers and small enterprise suppliers...
THE NEW AGE - MASSMART'S 100M MAN
Joburg 14 July 2011
Massmart has appointed Mncane Mthunzi, the CEO of the Consumer Goods Council of SA. as it's executive for supplier development with effect from September 1...
Massmart's full-year sales rise 11.7%
Joburg 08 July 2011
Massmart saw growth of 11.7 percent in sales over 52 weeks to june 26 as volumes increased, the company said in an update released on the JSE news...
BIZCOMMUNITY - LAMBERTI TO STAY AT MASSMART
Joburg 15 March 2011
Should the Competition Tribunal approve the acquisition of 51% of Massmart by Wal-Mart, the US group intends asking Mark Lamberti to remain on as independent non-executive chairman.
MAIL & GUARDIAN - MASSMART INVITES LABOUR TO THE PARTY
Joburg 11 February 2011
The planned purchase of 51% of Massmart by US retail giant Walmart has its supporters and detractors. The Massmart chief executive explains why he thinks the deal is a good idea.
SHAREHOLDER CIRCULAR
Joburg 15 December 2010
Circular to the holders of Massmart ordinary shares, Massmart “A” preference shares and Massmart “B” preference shares relating to…
NOTICE OF SCHEME MEETING
Joburg 14 December 2010
The South Gauteng High Court, Johannesburg ("Court") issued in the above matter on 7 December 2010, this notice serves to convene a meeting ("scheme meeting") of all the ordinary shareholders.
BUSINESSDAY - AFRICAN MARKET IS REALLY A COLLECTION OF CITIES
Joburg 26 November 2010
Growing urbanisation drives the demand for consumer goods.
COMPANIES & MARKETS - OPENING SHOT - CAMBRIDGE FOOD A BEACHHEAD FOR WALMART'S MARCH INTO AFRICA?
Joburg 11 October 2010
IS LITTLE-KNOWN Cambridge food - a new supermarket chain in the Massmart stable - set to become a beachhead for Walmart's assault on South Africa's food retail sector.
MAIL GUARDIAN - BUYING THE IDEA OF SA CONSUMERS
Joburg 08 October 2010
South Africa might not be invited to the Bric party, but it looks like we are welcome in Uncle Sam's club.
NEW MART ON THE BLOCK
Joburg 30 September 2010
Robert Quarshie asked Massmart CEO Grant Pattison about Walmart's R34bn buy-out offer while Sharda Naidoo spoke to Walmart's executive vice-president, Africa and UK Andy Bond.
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