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Massmart Media Releases
Driven by increased gross margin, decreased expenses and strong Builders Home Improvement, Makro Liquor and Makro General Merchandise Sales
Acquisition in line with Massmart’s intent to accelerate eCommerce growth
As part of this commitment, Massmart delivered an initial consignment of 90 tons of food to Gift of the Givers and FoodForward SA to replenish their warehouses
Massmart has successfully localised a variety of previously imported products including baby cots, flat pack office furniture, pool accessories and instant noodles.
Builders has developed a new store prototype which debuts at Builders Warehouse Boksburg, Gauteng tomorrow. Dubbed The Store of The Future, this new 15 170m2 store features a technologically advanced design and a bouquet of services that simplify customer’s lives.
Massmart announces a price freeze in all our Makro, Cambridge Food, Game and Cash & Carry stores for the duration of the 21-day nationwide lockdown. This will involve suspending price adjustments that were scheduled, as part of the normal course of business, before the lockdown was announced. Fresh produce, which is procured daily from fresh produce markets around the country, is the only category that is not included in this announcement.
Massmart has announced the assignment of (Theodore) Sylvester John, the Walmart North America Vice President for Last Mile Delivery to lead the Massmart e-commerce team. John, who will report into Chief Operations Officer, Richard Inskip has extensive senior level retail experience in the US and Africa, having worked in a wide range of business development activities including merchandising and operations.
Massmart recognised South Africa’s top-performing matriculants at the 2019 Ministerial Announcement of the National Senior Certificate Examination Results. The results were officially announced yesterday, 3 January 2019 by the Minister of Basic Education, Angie Motshekga.
Massmart Board and Executive Committee will personally contribute 230 tons of food to FoodForward SA over next 3 months.
Having taken over the role of Massmart CEO on September 1st, Walmart appointee, Mitchell Slape today shared some of the insights he has gathered during his first 100 days at the South African retailer.
Focused on leveraging group scale more effectively to optimise store portfolio performance, improve buying and logistics efficiencies and reduce costs
The COVID-19 pandemic and its unique challenges have provided an unprecedented opportunity for compassionate brands to demonstrate that they truly care about their employees.
This week representatives from Walmart’s Global Sourcing team are in Johannesburg to meet with 18 of Massmart’s South African suppliers who are interested in exploring opportunities to export their products to Walmart markets.
Behind every product we see on a store shelf there is a team of retail workers who got it there. From buyers, warehouse workers and drivers, to the merchandisers, packers, cashiers, and other crucial store operations staff. Retail workers play a key role in ensuring that we are able to access the products we need and want. The role they play is especially important during a pandemic such as COVID-19.
Massmart is pleased to announce that Nestlé was today awarded top honours at the Massmart Supplier Environmental Awards. Now in their fifth year, the awards recognise top performing suppliers who have demonstrated an industry leading commitment to sustainable supply chain management.
Good expense control, strong online and value added services sales growth
Massmart today reported a 5.5% increase (to R1 172.7m) in trading profit before interest and tax that was enabled by continued margin improvement and expense control momentum for the 52-week period ending 27 December.
Massmart today reported total sales of R93.7 billion for the 52-week period ending 29 December, representing total sales growth of 3.0%, comparable sales growth of 1.5% and year-to-date internal sales inflation of 2.5%.
Massmart is proud to announce that Glenart, a local Christmas cracker manufacturing company and partner on the Massmart Supplier Development Programme, is the first local supplier to be listed with Walmart US on a new export programme.
From graduates turned executives to the first female divisional CEO of the company, Massmart is celebrating the success stories of women who are breaking ground in our company, supply chain and community.
Massmart and the Economic Development Department are proud to announce that the Massmart group has procured R1billion worth of products from the small, local manufacturers on the Supplier Development Programme. This is in addition to the R3billion that Massmart procures per annum from small businesses that are not on the programme.
The Dakar Rally is the most gruelling and exhilarating motor vehicle race on Earth, with relentless terrain and challenging logistics. Getting a vehicle from start to finish is a team effort and many competitors fail simply because something breaks. When that happens, you are only as good as the tools you use. With Mastercraft’s lifetime quality guaranteed hand tools, the Toyota Gazoo Racing SA Team is the best.
Rhodes Food Group is the second local supplier on Massmart’s new export programme to get listed with Walmart US. The South African based canned food company will be supplying Walmart US with an initial order of three canned pear variations. These include premium export quality 425 gram cans of pear slices in heavy syrup, 425gram cans of pear halves in juice and 850gram cans of pear slices in heavy syrup. With South Africa having some of the world’s best canning fruit varieties, Walmart was impressed with the quality and taste of the pears from Rhodes Food Group.