Walmart-owned South African retail group Massmart has appointed a new head of e-commerce.
Massmart has introduced parent Walmart’s global integrated fulfilment software to all Makro stores, with plans to expand to Game and Builders soon.
Massmart has launched a solar funding solution to help customers reduce their reliance on Eskom as load shedding in South Africa continues unabated.
Massmart has begun staff consultations about closing its Game stores in East and West Africa, after efforts to find buyers failed.
Massmart’s troubled general merchandise retail chain Game has relaunched its website, with a focus on e-commerce, as part of a turnaround strategy.
Massmart has reported full-year results stained in red ink thanks in part to the impairment an SAP ERP system at troubled retailer Game.
Thousands of striking workers at companies under Massmart will return to work after reaching an agreement over disputes.
Massmart has assured customers that planned strike action will not interfere with their Black Friday shopping plans.
With an explosion in online sales expected in South Africa in the coming decade, e-commerce is becoming core to the growth strategy of Walmart-owned Massmart.
A trading update for the first half of the year from Massmart on Friday spooked investors who had been banking on a stronger recovery. Game is at the centre of the problems.