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MAKRO NEWS ON FASTMOVING

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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
Makro has major plans for Black Friday 2019

Makro has major plans for Black Friday 2019

09/10/2019 - 09:11
With Black Friday set to fall on 29 November 2019, a number of South Africans have already begun planning their purchases. read more
Entries now open for the 2nd Sunday Times Lifestyle Gin Awards, in partnership with Makro

Entries now open for the 2nd Sunday Times Lifestyle Gin Awards, in partnership with Makro

13/09/2019 - 08:39
The Awards celebrate the creators and retailers of locally and internationally crafted gins and variants. As with the inaugural competition in 2018, adjudication will take place across both local and international categories. 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
SA's best-loved beers revealed at Sunday Times Lifestyle Beer Awards

SA's best-loved beers revealed at Sunday Times Lifestyle Beer Awards

05/08/2019 - 14:24
CBC Amber Weiss was officially announced as South Africa’s Most Loved Beer at the Sunday Times Lifestyle Beer Awards in partnership with Makro on 2 August 2019, at an event in Johannesburg to celebrate the creators and retailers of local and internationally crafted beers. read more
Massmart profit severely hit by weak sales, losses

Massmart profit severely hit by weak sales, losses

01/08/2019 - 09:16
Massmart Holdings' share price declined by more than 17percent on the JSE after the group said it expected to report a decline in earnings across all of its four divisions for the six months to end June, mainly impacted by losses in Massdiscounters. read more
Finalists in the Sunday Times Lifestyle Beer Awards announced

Finalists in the Sunday Times Lifestyle Beer Awards announced

08/07/2019 - 09:05
The Sunday Times Lifestyle Beer Awards in partnership with Makro announced the finalists across five categories in this inaugural competition. The Awards celebrate the creators and retailers of local and internationally crafted beers and will present as a guide to the best beers on the market. 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 waiting for new blood

Massmart waiting for new blood

10/05/2019 - 09:59
With the share price almost 50% below its 12-month peak, there was little surprise from the market at the departure of Massmart CEO Guy Hayward. It comes a week after the news that CFO Johannes van Lierop was stepping down. 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
Black Friday is growing in SA

Black Friday is growing in SA

21/11/2018 - 09:10
The global Black Friday phenomenon has cemented itself as the precursor into Festive Season shopping and it is no surprise that it is making a growing impression amongst South African retailers and consumers alike.  read more
Ginologist Floral Gin and Tanqueray win big at the Sunday Times Lifestyle Gin Awards

Ginologist Floral Gin and Tanqueray win big at the Sunday Times Lifestyle Gin Awards

23/10/2018 - 08:19
The Sunday Times Lifestyle Gin Awards, in partnership with Makro and Fitch & Leedes, announced this year’s winning local and international gins at a trendy cocktail event, held at The Empire Rooftop in Parktown on 19 October. Ginologist Floral Gin was awarded first place in the Local Gin category, with Orient placing second. In the International Gin category, Tanqueray came out on top, with Gin Mare taking second spot. read more
Makro opens flagship store in Fourways

Makro opens flagship store in Fourways

30/11/2017 - 14:53
Retail giant Makro has opened a massive new flagship store in Riversands, north of Fourways in Johannesburg. read more
Makro acquires last-mile delivery startup Wumdrop

Makro acquires last-mile delivery startup Wumdrop

24/11/2017 - 09:41
Makro has acquired a majority stake in last-mile delivery startup, Wumdrop, which will allow the retailer to shrink the delivery window in getting products to its customers. 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
SA retailers failing online

SA retailers failing online

05/02/2015 - 09:56
A new study released by the South African Council of Shopping Centres (SACSC) has revealed that South African retailers did little to advance their sub-par online shopping offerings in 2014. read more
SA start-up attracts R20 million cash injection

SA start-up attracts R20 million cash injection

03/02/2015 - 10:04
E-commerce start-up Parcelninja, which provides cloud-based warehousing and delivery solutions in South Africa, has attracted a R20 million investment from C5 Holdings. read more
Most expensive whisky in SA

Most expensive whisky in SA

15/10/2014 - 11:35
If you have a taste for rare, expensive spirits – and have the cash to spare – you can be one of 21 people in the world to own a limited edition whisky. read more
Massmart half-year profit down 25%

Massmart half-year profit down 25%

29/08/2014 - 09:52
Retailer Massmart reported a 25.2% fall in half-year profit on Thursday as debt-laden consumers battling rising living costs cut back on spending. read more
Massmart sales growth climbs

Massmart sales growth climbs

11/07/2014 - 11:58
Johannesburg - Massmart Holdings, South Africa’s biggest food and goods wholesaler, said sales growth rallied during the first half of the year as consumers spent more on building supplies amid a rise in the inflation rate.  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
Makro South Africa awarded for excellence in energy efficiency initiatives

Makro South Africa awarded for excellence in energy efficiency initiatives

09/12/2013 - 13:31
This week, Makro SA scooped a prestigious eta award for its energy efficient new generation stores at Eskom’s 24th eta Awards ceremony.  read more
Massmart opens new Makro in Alberton, with a unique and exciting shopping experience

Massmart opens new Makro in Alberton, with a unique and exciting shopping experience

06/05/2013 - 13:40
Makro has expanded its presence in Gauteng with the opening of a new urban store in Alberton on 24 April 2013. Massmart invested R400 million rand to build the 19 008m2 Makro Alberton store.  read more
Makro rolls out Pricer electronic shelf labels to all liquor stores

Makro rolls out Pricer electronic shelf labels to all liquor stores

11/10/2012 - 10:10
Multinational warehouse chain Makro, a subsidiary of Massmart, itself a subsidiary of international retail giant Walmart, is rolling out upwards of 80 000 of Pricer's electronic shelf labels (ESLs), supplied by Skydirect, an XON company, to the liquor departments in all 16 stores across South Africa.  read more
Makro’s Midrand distribution centre refurbishment completed

Makro’s Midrand distribution centre refurbishment completed

07/09/2012 - 09:06
The transformation of Makro’s Midrand distribution centre into a modern facility with an additional 11 000m² of warehousing space has been completed by Investec Property.  read more
 Makro revamps stores to compete

Makro revamps stores to compete

30/08/2012 - 09:10
Massmart plans to revamp 10 of its 17 Makro stores, which would thereafter offer fresh produce, butchery items and new brands.  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
SA: Massmart signs up smaller farmers to supply fresh produce

SA: Massmart signs up smaller farmers to supply fresh produce

02/08/2012 - 09:37
South African retailer Massmart’s campaign, to enlist black emerging farmers to supply fresh produce in the company’s string of supermarket chains, kicks off this week in Limpopo. read more
Moolman Group develops the first Makro in Free State province

Moolman Group develops the first Makro in Free State province

15/06/2012 - 08:31
The first Makro in Free State province will open in Bloemfontein in September 2012. Makro Bloemfontein will be the 17th Makro store in South Africa and is being developed by Moolman Group - a leading national property company - for Makro on a triple-net lease.  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
A new shopping experience in the Free State, backed by Nedbank

A new shopping experience in the Free State, backed by Nedbank

16/03/2012 - 15:03
Bloemfontein will soon boast an exciting new shopping experience when the first Makro store in the Free State province opens its doors in October 2012. read more
Tribunal tells Massmart to tweak deals

Tribunal tells Massmart to tweak deals

19/12/2011 - 09:33
Competition Tribunal chairman Norman Manoim sent Massmart home yesterday without approving its acquisition of Fruitspot and 16 Rhino stores, and asked the retailer and the Competition Commission to tweak conditions to the sales. read more
 Investec Property set to develop Makro’s major distribution centre

Investec Property set to develop Makro’s major distribution centre

29/11/2011 - 11:45
Makro’s distribution centre in Midrand, north of Johannesburg, is to undergo a massive refurbishment and development that will see the existing premises expand from approximately 16,000m² to 27 000m². Investec Property, a division of Investec Bank Limited and one of South Africa’s leading property operations has secured the development rights for the property.  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