Massmart plans to close the 23-store DionWired chain of hi-tech appliance shops as well as 11 Masscash wholesale outlets, a spokesman said by phone on Monday.
Retail group Massmart Group, whose assets include Makro, Game and DionWired, warned on Monday that it’s likely to close a range of stores affecting the jobs of nearly 1 500 employees.
Massmart will have to take a long, hard look at its embattled Massdiscounters division to turn the group’s fortunes around, and this should include a rationalisation of its Game and DionWired stores.
A new challenger to pay-TV operator MultiChoice, which owns DStv, is expected to launch commercial services soon, possibly by as early as April. Unlike DStv rival TopTV, however, NuWeb Television doesn’t intend using direct-to-home satellite technology. Rather, it will deliver its offering over