Massmart, the South African retail group owned by US giant Walmart, said 41 of its stores, which include Builders, Makro and Game outlets, were looted and trashed in this week’s violent carnage.
Browsing: Makro
Business leaders in Durban are crying out for more decisive action to curb the widespread looting and anarchy in KwaZulu-Natal, including an immediate state of emergency.
E-commerce was one bright spot in an otherwise mostly grim set of results from Walmart-owned retail group Massmart for the 2020 financial year ended 27 December.
Massmart-owned electronics retailer DionWired is gone. The troubled Walmart-owned retail group said on Thursday that all DionWired stores will cease trading at 6pm on 19 March.
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.
Forward-thinking businesses in South Africa are now starting to confront life without Eskom by putting plans in place to generate their own energy.
Massmart-owned retailer Makro has acquired a majority stake in delivery start-up WumDrop. With the acquisition, the company said it plans to shrink the window between a customer order from three
A new start-up, Pargo, is targeting the e-commerce logistics market, opening up parcel collection points inside retail outlets around the country.
Fuel retailer Engen and logistics company UTi Distribution have announced plans to roll out e-commerce lockers at Engen forecourts, starting in Sandton in Johannesburg. The news comes just months after Makro announced that it was working
Click-and-collect e-commerce, such as the locker system that Makro will introduce this year, is set to boom, according to a new report by Deloitte. The firm says in its TMT Predictions 2015 report, released last week, that strong growth is expected in Europe