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
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
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.
