Massmart shares climb as profits improve on costs

2017-02-23 15:05

Walmart’s experience in controlling costs is helping Massmart improve profit as shoppers have been hurt by high food inflation.

INFOGRAPHIC: Going green - How SA’s top 5 retailers stack up

2016-10-27 20:07

Greenpeace ranks some of South Africa's leading retailers on their renewable energy commitments, with the top store scoring 6 out of a possible 10.

Retailers lose bid to delay Massmart exclusivity complaint

2016-09-05 06:50

Shoprite, Pick n Pay and Spar have lost their bid to delay a hearing into an application brought by Massmart objecting to exclusivity in lease agreements with landlords .

Massmart profit rises as food sales grow

2016-08-25 08:49

Massmart Holdings first-half profit has risen 19% as increased food and liquor sales offset slower growth in its general merchandise and DIY offering.

INFOGRAPHIC: How renewable friendly are SA’s top 5 retailers?

2016-04-19 07:56

SA's top five retailers would make space for 178 400 households to connect to the grid without risking load shedding by becoming 100% dependent on renewable energy.

Tough year ahead for SA retailers as Massmart stalls

2016-02-25 20:18

Massmart has reported flat annual earnings and highlighted the difficulties SA food retailers are likely to face this year as shoppers contend with rising prices, mounting debt and high unemployment.

Massmart sales shoot up by 9%

2015-11-10 11:32

Massmart has announced that sales have increased to R69.8bn, 8.7% higher than the previous corresponding 45-week period.

Investors cheer Massmart trade update

2015-08-27 10:55

Retailer Massmart has outperformed its peers after reporting total sales of R38.9bn for the 26 weeks to end-June, a 9.1% rise over the prior comparable period.

SA retailers lure foreigners in JSE buying streak

2015-04-03 09:00

Offshore investors bought a net R2.1bn of shares on Wednesday and the 11th day purchases exceeded sales, data from the Johannesburg Stock Exchange shows.

Massmart in competition battle with rivals

2014-11-03 11:38

Massmart Holdings has launched an anti-competition complaint against three major rivals over exclusive lease agreements in shopping centres.


SHARE WATCH: Mixed bag of notable locals

2017-01-17 08:55

Overberg Asset Management analyst Kirk Swart looks at notable South African companies in this week's five shares to watch.

SHARE WATCH: SA retailers having a tough time

2016-09-05 16:20

Overberg Asset Management analyst Kirk Swart looks at South African retail shares and how hard they are finding it to make profits.

Basic grocery basket up R100 since Feb - Massmart

2016-08-26 12:29

A food basket containing items such as pilchards, maize and soap now costs R100 more than it did in February, up to R874 from R774, says Massmart Holdings.

Massmart to open 13 new stores in 2016 despite tough conditions

2016-05-26 10:41

Massmart says it will open 13 stores in 2016, despite tough economic trading conditions caused by high inflation and low economic growth in South Africa.

SHARE WATCH: Keep an eye on Barclays Africa, Old Mutual

2016-03-07 08:43

Among this week's "five shares to watch" are Barclays Africa and Old Mutual, which have announced they'd be selling their African operations or parts thereof.

Retailers report exciting results off good festive season trade

2016-01-14 09:10

Retailers Woolworths and Massmart have separately reported excellent results, as South Africa's retailers come off a strong festive season.

Govt failings driving geo-diversification – what Woolies gets right, Massmart doesn’t

2015-09-01 15:46

Ted Black analyses the stark contrast in earnings between broadline retailers Woolworths and Massmart.

Massmart sees lower profit, shares slump 10%

2015-08-19 11:33

Massmart has forecasted a sharp decline in profit, putting its shares on course for their biggest one-day slump in more than 15 years.

Massmart full-year sales jump

2015-02-26 10:03

Retailer Massmart Holdings has reported a 10.4% rise in full-year sales as its consumer goods, liquor and home improvement business posted better performance.

Massmart to reinstate retrenched workers

2014-08-19 07:59

Massmart has initiated a plan to reinstate employees who were retrenched in 2009 and 2010, according to the Competition Commission.

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