WATCH: How Covid-19 will affect Massmart’s turnaround
Massmart CEO Mitchell Slape talks to Business Day TV about the company’s interim results
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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