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Big Black Friday plans for Dion Wired, Builders and Game in 2019

Big Black Friday plans for Dion Wired, Builders and Game in 2019

11/10/2019 - 11:11
Black Friday has grown to be an incredibly important ‘shopping holiday’ for South African retailers with Game and Builders reporting a 24% and 33% sales increase over the period in 2018.  read more
Game announces brand refresh and new positioning

Game announces brand refresh and new positioning

09/10/2019 - 10:47
Game has unveiled its reinvigorated brand and new positioning, including a new pay-off line, You’ve Got Game. The refresh aims to reconnect customers with this iconic home-grown brand in a highly engaging and relatable way, while more accurately reflecting the business as it is today – says Katherine Madley, brand and customer director. read more
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 wins grocery store battle

Massmart wins grocery store battle

31/05/2019 - 09:22
Massmart, which owns the Game and Makro chains and other smaller retailers, received a major boost after the Competition Commission said Spar, Pick n Pay, Shoprite and Woolworths should be barred from entering into long-term exclusive lease agreements. read more
Massmart appoints new CEO, but shares fall on warning earnings will halve

Massmart appoints new CEO, but shares fall on warning earnings will halve

24/05/2019 - 08:39
Shares in Massmart, which owns the Game and Makro chains, fell 12.5% to R68.24 in early trade on Thursday after the retailer said earnings in the six months to June could more than halve.  read more
Massmart appoints new finance chief

Massmart appoints new finance chief

30/04/2019 - 12:54
Walmart-owned Massmart, the retailer whose brands include Makro and Game, says Mohammed Abdool-Samad will take over as its chief financial officer from August 1.  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
Constitutional Court rules on Pick n Pay's mall exclusivity case

Constitutional Court rules on Pick n Pay's mall exclusivity case

28/11/2016 - 14:52
The Constitutional Court on Friday refused to give Pick n Pay Retailers an interdict to stop Masstores' Game store from trading as a supermarket at the Cape Gate shopping centre, despite Pick n Pay having an exclusive right to do so. read more
Pick n Pay fails in bid to block Game trading

Pick n Pay fails in bid to block Game trading

28/11/2016 - 08:46
Retail giant Massmart staved off an attempt by rival retailer Pick n Pay to prevent one of its subsidiaries, Game, from operating as a supermarket at a Western Cape shopping centre. read more
Tribunal to hear Massmart case against lease exclusivity clauses

Tribunal to hear Massmart case against lease exclusivity clauses

14/06/2016 - 15:55
JSE-listed Massmart has not given up the fight against lease exclusivity clauses, which have hampered its expansion in malls around the country. read more
Game’s food sales boost Massmart

Game’s food sales boost Massmart

02/03/2015 - 12:32
Massmart’s Game division now earns about a fifth of its total sales from food the group’s results for the 52 weeks to December 28 shows. 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
Retailers note a fair festive season’s trade

Retailers note a fair festive season’s trade

20/01/2015 - 12:39
Christmas trading for SA’s retailers proved fair to middling, with more of the same expected as the year goes on. read more
High value game shows classic asset bubble traits - Namibia

High value game shows classic asset bubble traits - Namibia

22/09/2014 - 13:32
The investment in high value game by commercial farmers is a fast growing trend as new price records are set continually at game auctions.  read more
Massmart fights mall exclusivity clauses

Massmart fights mall exclusivity clauses

09/09/2014 - 17:41
A retail rumble over lease exclusivity clauses is being roused by the country’s spending slowdown as supermarket giant’s square off for market share, and property owners of South Africa’s biggest malls reserve ringside seats. read more
Massmart to enter Angola with two stores

Massmart to enter Angola with two stores

10/04/2014 - 11:14
Johannesburg - Massmart, South Africa's No.4 retailer by market value, plans to enter oil-rich Angola with two stores by 2015, a senior executive said, as the unit of Wal-Mart expands on a continent that is still largely an informal retail market. read more
Massmart financial results for the 53 weeks ended 29 December 2013

Massmart financial results for the 53 weeks ended 29 December 2013

27/02/2014 - 10:14
Massmart announced its full-year results for the 53 weeks ended 29 December 2013, reporting an increase in headline earnings of 29.9%, while operating profit grew 26%, boosted by the additional week’s sales and foreign exchange translation profit. Total sales increased 9.8% for the period, while comparable sales grew by 3.8%. read more
Game launches Fresh for Less grocery range in KZN

Game launches Fresh for Less grocery range in KZN

13/11/2013 - 16:18
Game Gateway will launch its ‘Fresh for Less’ range on 13 November in time for Christmas. This will be the first store in KZN to get a taste of Game’s fresh food offering that has converted numerous shoppers in the Western Cape and Gauteng since its first appearance in the Western Cape in November 2010. read more
Cradlestone Mall to introduce comprehensive, connected shopping. Opening 20 November 2013

Cradlestone Mall to introduce comprehensive, connected shopping. Opening 20 November 2013

08/11/2013 - 10:40
Named for its unique location, the newly developed Cradlestone Mall in the heart of Mogale City in Johannesburg’s West Rand - near the world heritage site of the Cradle of Humankind - officially opens its doors on 20 November 2013. read more
Massmart confirms Naivas bid, targets entry into Kenya

Massmart confirms Naivas bid, targets entry into Kenya

04/10/2013 - 11:00
Massmart has confirmed it is interested in buying a major stake in Kenyan retailer Naivas. read more
Massmart says in advanced talks to enter Kenya

Massmart says in advanced talks to enter Kenya

11/07/2013 - 11:51
Johannesburg (Reuters) – South African retailer Massmart is in talks enter Kenya, a senior executive said on Tuesday, the latest step by the unit of Walmart Stores to expand its presence in Africa. read more
Walmart prefers own brand to Massmart’s Game in Africa roll-out

Walmart prefers own brand to Massmart’s Game in Africa roll-out

22/04/2013 - 09:32
As Wal-Mart Stores plotted an African entry strategy, buying Massmart Holdings two years ago was just the right vehicle. With 377 stores across the continent and a strong position in South Africa, Massmart offered the Americans a firm foothold in a fast-growing region. read more
South Africa retail chain to open first outlet in Kenya soon

South Africa retail chain to open first outlet in Kenya soon

10/01/2013 - 10:06
Game Africa, a South African retail chain, is set to open its first outlet in Kenya, intensifying competition in the retail sector. read more
 Massmart earnings to disappoint

Massmart earnings to disappoint

08/08/2012 - 09:52
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
Top retailers show mega confidence in Mall of the North

Top retailers show mega confidence in Mall of the North

20/07/2012 - 09:08
Major local and international leading retail names have expressed confidence that Mall of the North, will be a significant driver for their growth adding more shopping variety to the region's super shopping centre in Polokwane, Limpopo.  read more
Massmart in talks to enter Kenya

Massmart in talks to enter Kenya

11/07/2012 - 09:08
Johannesburg - Retailer Massmart [JSE:MSM] is in talks to enter Kenya, a senior executive said on Tuesday, the latest step by the unit of Walmart Stores to expand its presence in Africa. read more
Game, Foschini tenants in Nairobi mall

Game, Foschini tenants in Nairobi mall

10/07/2012 - 08:17
Retailers Game and Foschini are expected to be the first South African companies to take occupancy at the proposed multipurpose Garden City shopping and residential complex being built in Nairobi with funding from private equity group Actis.  read more
Massmart full-year sales top R61bn

Massmart full-year sales top R61bn

05/07/2012 - 09:50
Johannesburg - South African discount retailer Massmart Holdings [JSE:MSM] reported a 16% rise in full-year sales on Wednesday, a touch above analysts' estimates, boosted by the inclusion recently acquired stores. read more
Massmart shuffles management to focus on Walmart

Massmart shuffles management to focus on Walmart

04/06/2012 - 08:44
Massmart has shuffled its top management to improve focus on day-to-day operations, to facilitate the drive into food retail and to respond to additional Walmart responsibilities. read more
Atterbury and Sanlam get piece of Accra Mall

Atterbury and Sanlam get piece of Accra Mall

29/05/2012 - 08:17
Property developer Atterbury and financial services group Sanlam have acquired the 85 percent shareholding in the Accra Mall in Ghana from pan-emerging markets private equity firm Actis for an undisclosed amount.  read more
Walmart can learn ‘a thing or two’ from Massmart method

Walmart can learn ‘a thing or two’ from Massmart method

07/05/2012 - 08:50
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
Massmart faces big backpay bill

Massmart faces big backpay bill

10/04/2012 - 09:19
A ruling by the Competition Appeals Court ordering retailer Massmart to reinstate 503 retrenched workers could cost the company R80-million to R100-million in lost wages. read more
Kenya: Homegrown retailers gearing for duel with South African giants

Kenya: Homegrown retailers gearing for duel with South African giants

06/03/2012 - 08:57
Kenyan retail chains that have gone aggressive in their regional expansions are expected to meet stiff competition from South African retailers such as Massmart, Shoprite, Pick n Pay and Spar.  read more
SA business in Nigeria suffering

SA business in Nigeria suffering

26/01/2012 - 10:11
The Nigerian Chamber of Commerce in South Africa said the turmoil in the north African country had a major impact on the revenue of South African companies operating there. 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
Massmart: Subdued sales growth

Massmart: Subdued sales growth

11/05/2011 - 09:15
RETAIL giant Massmart ’s total sales for the 44 weeks to May increased to R44,9bn, up 12,7% over the prior period, but this growth was inflated by the addition of new stores to the group. read more