Browsing: Walmart

It’s Amazon vs Apple in race to $1-trillion

In the battle for the first company to reach and sustain US$1-trillion in stock market value, don’t count out a come-from-behind victory. Apple has had a lock on its spot as the world’s most valuable public

R28bn Naspers bonanza as Walmart buys Flipkart

Africa’s largest company just chalked up another major investment coup. Naspers has netted a cool US$1.6bn profit from the sale of its 11% stake in Indian e-commerce startup Flipkart, a deal almost as lucrative

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

Click at Makro, pick up at Sasol

Makro has announced plans to invest in online “click and collect” lockers at Sasol petrol station forecourts. “Informed by the experience of companies such as Walmart-owned Asda, Makro is acquiring access to sites to enable delivery of online customer orders to conveniently located secure lockers, making

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