Massmart reports sales growth to end-March
Total sales rose 1.3% in the 13-weeks to end-March, although the Covid-19 pandemic has complicated analysing sales trends
15 April 2020 - 11:23
Walmart-owned retailer Massmart, which has recently moved to close underperforming stores, said on Wednesday that it saw total sales growth of 1.3% in the 13 weeks to March 29.
In a trading update, the group reported total sales of R22bn for the period, with comparable store sales — which excludes the effect of new stores or closed stores — increasing by 0.9%...
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