Mitchell Slape CEO of Massmart speaks during a media briefing at Bompass Hotel in Johannesburg. Picture: FREDDY MAVUNDA
Mitchell Slape CEO of Massmart speaks during a media briefing at Bompass Hotel in Johannesburg. Picture: FREDDY MAVUNDA

Turning Massmart around during the current economic climate is proving to be difficult.

The retailer’s half-year loss grew from R832m to R1.2bn as it suffered a double-digit slump in sales and its costs increased due to store closures.

Business Day TV spoke to Massmart CEO Mitchell Slape to discuss the numbers.

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