Pick n Pay has appointed Grant Pattison, former CEO of Massmart and a past board director at Truworths, to its board. This ...

South Africa's biggest grocery retailer Shoprite Holdings said on Tuesday it is selling its operations in Ghana and Malawi, ...

JOHANNESBURG (Reuters) -South African grocery group Pick n Pay on Tuesday reported a 4.3% increase in group turnover, lifted by increased sales at its supermarkets and strong growth at discount chain ...

Massmart Holdings said on Friday its annual total sales dropped, dented by pandemic-related liquor trading restrictions, supply chain disruptions and as the South African retailer lost sales from ...

In 2020, Massmart's online sales rose by 58.6%, the number of customers grew by 73% and click-and-collect orders rose by 69.5%, with e-commerce now contributing 1.8% of total sales, up from 1.1% ...

Massmart, a distributor of consumer goods in Africa and a wholesaler of basic foods, says that it keeps its wholesale and retail chains on the cutting edge of competitiveness by running its rebate ...

JOHANNESBURG, Dec 6 (Reuters) - Thousands of striking workers at companies under Massmart Holdings (MSMJ.J), opens new tab in South Africa, which is owned by Walmart Inc (WMT.N), opens new tab ...

Wal-Mart offered to buy South African retailer Massmart for $4.6 billion, making an aggressive but expensive bid to expand in Africa ahead of international rivals.

Wal-Mart offered $2.32 billion to buy 51% of South Africa's Massmart Holdings, marking the U.S.-based retailer's first foray into sub-Saharan Africa's growing retail market.

Massmart Holdings Ltd., the South African retailer controlled by Wal-Mart Stores Inc., plans to accelerate expansion across Africa to keep ahead of competitors, Chief Executive Officer Grant ...

Wal-Mart Stores announced plans on Monday to enter the African market, with a preliminary offer to buy the Johannesburg-based retailer Massmart Holdings for about $4.2 billion. While Wal-Mart ...

Grant Pattison resigned as chief executive officer of South African retailer Massmart Holdings Ltd. after seven years, having overseen the sale of a majority stake in the company to U.S.-based Wal ...