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• Massmart Loan ranger

  A tough start to the year for Massmart, with the announcement that its headline loss per share will be at least 40% heavier than the loss it reported in 2020. This as a result of the civil unrest and looting that so brutally bisected what was already... More »

  • Reuters 21/12/21

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• Massmart Winds of confidence

  A trading update from Massmart, in which the Men in Black report that total sales for the 39 weeks through September were regrettably flat, growing just +0.2% to R60.6bn, with like-store sales up +2.9% over the same period. Sales here in the Beloved ... More »

  • Businesstech 03/11/21

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• Massmart Cash money

  Bit of a shakeup in the upper echelons of wholesale, where Metcash CEO Jeff Adams is stepping down and will be replaced by Massmart Wholesale alum Doug Jones. Adams will return to the US having presided over a period of significant growth for the who... More »

  • Tatler Reporter 12/10/21

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• Massmart Game’s up

  More on those Massmart interims, to which we alluded last week, and of which you can find a handy summary here. Group sales for the 26 weeks through June rose +4.4% to R41.3bn, with trading profit (including discontinued operations) up a deceptively ... More »

  • The Sunday Times 29/08/21

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• Massmart Sold to the man in the checkered hat!

  So as we were saying, in significant news for all parties, Shoprite has offered to purchase a number of Massmart’s non-core food assets for the tidy if not princely sum of R1.36bn. The businesses in question – as you will probably recall – are Cambri... More »

  • Business Tech 20/08/21

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