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DION WIRED NEWS ON FASTMOVING

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Makro and Game’s owner suffers big loss as shoppers opt for cut-price goods

Makro and Game’s owner suffers big loss as shoppers opt for cut-price goods

29/08/2019 - 09:20
Walmart-controlled Massmart, owner of Makro, Game, Builders Warehouse and Dion Wired, has suffered a headline loss of R550 million for the six months to end-June – after earning a profit of more than R200 million in the same period last year. read more
Massmart also sings the retailers' blues

Massmart also sings the retailers' blues

23/01/2019 - 09:49
Massmart, which is owned by US retail giant Walmart and runs the Game, Makro and Dion Wired chains, saw its share price drop 21%, to close at R90.65, after reporting flat sales for the festive season. read more
South African e-commerce won’t be a big force: here’s why

South African e-commerce won’t be a big force: here’s why

06/02/2015 - 12:40
Various e-commerce conferences held over the past two decades may have claimed that e-commerce is booming in SA, but Massmart e-commerce executive Colin Fleming begs to differ. read more
Customers to realise immediate benefits from Walmart investment in Massmart

Customers to realise immediate benefits from Walmart investment in Massmart

27/06/2011 - 07:29
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