Browsing: Massmart

Most S Africans pay bribes, survey finds

More than three in four South Africans who were asked for a bribe ended up paying one, according to a survey conducted by the Ethics Institute of South Africa. The average traffic bribe costs around R200, it found, while most bribes were

Click-and-collect e-commerce set to boom

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

Duncan McLeod
Makro goes online locker, stock and barrel

Makro announced last week that it had entered into a partnership with Sasol to build e-commerce “lockers” on the fuel retailer’s forecourts. The lockers are not a new idea, having been pioneered in the US, UK and elsewhere by retailers such as Amazon and the Walmart-owned Asda, but it is

Will Walmart shake up IT retail in SA?

Walmart has hit the ground running following its purchase of a controlling stake in SA retail giant Massmart. Sunday newspapers carried glossy Walmart-Massmart advertisements promising discounted prices to consumers and sending a

IT key to Wal-Mart’s R30bn Massmart deal

Investment in information technology will be a key focus area for US retailing giant Wal-Mart if it proceeds with its nonbinding offer to buy SA retail group Massmart in a R30bn deal. Massmart, which owns Makro and other discount stores, told shareholders on Monday morning that Wal-Mart Stores had made a preliminary, nonbinding proposal, which could lead to the world’s largest retailer acquiring the JSE-listed group for R148/share.