Liberty Two Degrees only has 2% exposure to Game, Makro, Dion

2020-01-14 18:20

South African real estate investment trust Liberty Two Degrees says its overall exposure to Massmart is only 2% of its portfolio's gross leasable area.

Market cheers Massmart profit rise as online sales shine

2018-02-22 10:33

Retailer Massmart has posted a rise in annual profit, on the back of operational cut costs and solid growth in its online division.

Massmart announces 7.7% sales growth

2017-01-16 12:19

Massmart Holdings says total sales for the 52 weeks to December 25 2016 increased to R91.2bn, representing a growth of 7.7% over the prior year 52-week period.

Massmart slides as pricing cuts Game margin

2015-05-27 19:30

Massmart Holdings has fallen the most in a month after price competition at the Game department-store chain caused profitability to lag behind forecasts.

Resources lead JSE lower

2014-08-28 14:21

Resources stocks have led the JSE lower for the second consecutive day, as the share prices of iron producers are hovering around record lows.

Imperial taps Massmart founder as CEO

2014-02-20 19:26

Massmart founder Mark Lamberti has been appointed chief executive officer of Imperial Holdings, succeeding Hubert Brody, the company says.

Global property firm in SA acquisition

2011-03-31 14:23

One of the world's largest real estate firms is buying Bradford McCormack & Associates for an undisclosed amount.


JSE falls as global stock rout continues

2018-10-11 18:36

Following a tech led sell-off in the USA on Wednesday, Asian markets slumped in Thursday’s trading which saw the Shanghai Composite Index fall 4.8%, while the Hang Seng and Nikkei lost 3.54% and 3.89% respectively.

TOP 5 ON FIN24: SA retailers, Bell Pottinger and a bit of Telkom

2017-08-24 22:05

Bell Pottinger suffers the consequences of interfering in South Africa's affairs, retailers dominate bourse and Telkom launched its zero-rated streaming platform.

Shoprite number one retailer in Africa - report

2015-11-03 19:39

Shoprite Holdings is the number one retailer in Africa followed by Massmart and Pick n Pay, according to the Deloitte African Powers of Retailing report 2015.

Massmart full-year sales increase

2015-01-14 13:24

Retailer Massmart has reported a rise in full-year sales as its building materials and home improvement business delivered a better performance.

Massmart sees lower earnings, shares plunge

2014-08-20 11:33

Massmart Holdings, the SA unit of Wal-Mart Stores, says its first-half earnings have fallen, sending the retailer's shares lower.

Massmart, SABS sign deal to aid SMEs

2011-10-11 13:58

Massmart and the SA Bureau of Standards have agreed on an initiative to help small and medium enterprises improve their product quality.

Union readies first Walmart salvo

2010-10-01 18:41

SA's retail union Saccawu has confirmed it is preparing submissions to the Competition Commission aimed at blocking the R32bn takeover of Massmart.

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