The Group’s brands - Game, Dion Wired, Makro, Builders Warehouse, Builders Express, Builders Trade Depot, CBW, Jumbo Cash and Carry and the Shield buying group - enjoy high recognition in their market segments and span a diverse and broad consumer base that extends from Living Standard Measure (LSM) 1 to LSM 10. The group continuously improves the performance of its portfolio of businesses through strategic and structural clarity, high market shares, excellent management and technology, and the sharing of resources.
The Strategy and Investment Committee of the Board enhances the quality of decisions regarding strategy – facilitating a robust analysis and evaluation of options by the Board and executive management. An annual three-year strategic review ensures that there is continuity and coherence in this strategic thinking.
Due to the distraction of the Walmart transaction, we followed an abbreviated strategy process this year and focussed on preparations for Integration. I believe the fundamental strategy remains sound and valid. The Strategic Action Plan remains focussed as:
Leadership and Transformation development
Grow core business (comparable stores)
Supply Chain Development
Private Label Development
Retail Food (Cambridge Foods, Saverite, Foodco, Makro Food Retail)
Organic growth in SA and Africa
Sustainability (Governance, Climate Change, BBBEE, CSI)
The final point of Integration is obviously new, otherwise the Strategic agenda remains unchanged, but will be enhanced by Walmart's ownership.
Massmart’s total sales increased by 14.7% for the fi rst 14 weeks to 2 October 2011, with product infl ation averaging 0.7%. Comparable sales increased by 8.0% for the same period.
With the fi rst quarter's sales indicating a return to stability with growth in all categories and Divisions, the fi nancial year ahead looks to be solid. Management will have to balance operating discipline with the investment in growth and the speed of Integration. We will also have to balance the sometimes divergent interests of different stakeholders.
Our banners / stores
Walmart changes its name
11/12/2017 - 10:16
Walmart is ending a 48-year habit by removing word “stores” out of its legal name.
Walmart steadily closing in on Amazon in online price war
28/11/2017 - 15:48
Walmart Stores is within striking distance of matching Amazon.com’s online prices for the first time, a key milestone in its effort to regain the "low price leader" title.
Amazon captures 55% of Black Friday transactions among top online retailers
28/11/2017 - 09:40
Amazon also accounted for 45% of online purchases on Thanksgiving Day among top 50 e-retailers, Hitwise says. But other data points to strong showings by Walmart, eBay, Kohl’s and Old Navy.
Walmart online growth leaps 50%, lifts annual profit guidance
17/11/2017 - 13:42
Walmart is on a roll as it continues to reap the benefits of its e-Commerce push, seeing 50% online sales growth in Q3. The total remains well ahead of Walmart’s 40% e-Commerce growth projections for 2018.
Wal-Mart partners with Lord & Taylor
14/11/2017 - 14:28
Wal-Mart Stores Inc (WMT.N) said on Monday it will offer Hudson’s Bay Co- (HBC.TO) owned department store chain Lord & Taylor dedicated space on its website, as it looks to make deeper inroads into the fast-growing online fashion business.
Walmart’s holiday strategy includes a first: in-store parties
07/11/2017 - 09:51
As Walmart gears up for the holidays, it is stepping up its customer experience — online and in store.
Walmart launches new supermarket concept in Brazil
30/10/2017 - 10:31
Walmart Brasil has launched a new supermarket concept, Walmart Supermercado, as part of its retail transformation project.
Target aims to pack big holiday punch by keeping it simpler
26/10/2017 - 10:02
Target Corp. is looking to take on rivals Walmart and Amazon this holiday season with a simplified strategy that emphasizes private brands, in-store fun and shopping convenience over a plethora of confusing promotions.
Walmart ups same-day delivery capabilities with Big Apple acquisition
09/10/2017 - 10:54
Walmart is determined not to be bested by Amazon when it comes to same-day delivery.
Wal-Mart buys delivery logistics startup Parcel
04/10/2017 - 14:47
Wal-Mart Stores Inc has acquired Parcel Inc, a New York-based last-mile delivery startup, as the retailer seeks to better compete with e-commerce giant Amazon.com Inc.