BUILDERS WAREHOUSE NEWS ON FASTMOVING

Massmart Holdings’ full-year headline earnings a share probably rose 34 percent at most, falling far short of expectations and sending its shares down as much as 5.1 percent, the local unit of Walmart said yesterday.  read more

Investec Property Fund on Monday edged closer to achieving its aim of reaching a total portfolio value of R10bn within the next five years after announcing three acquisitions collectively worth R1,2bn.  read more

Everyone expected all the learnings to come from Walmart. There was an expectation within the retail industry that Walmart would change how Massmart does business not only within the company itself, but for its suppliers and mostly its customers.  read more

Builders Warehouse is pleased to announce that it has opened its doors in Gaborone (Botswana), the brand’s first store outside of South Africa. The store opened on 22 September 2011. read more

Early start to the principle of “saving people money so they can live better”, a goal to create 15,000 new jobs and an additional R60 billion in food and FMCG procurement. read more

Massbuild offers three brands targeting homeowners, building contractors, subcontractors and do-it-yourself enthusiasts. read more