As Massmart records another R1bn loss, it still believes it can revive ailing retailer Game, but CEO Mitchell Slape says it will consider closing underperforming stores in the brand. 

Walmart, majority owner of Massmart, has sent Slape from the US to rightsize the company that has lost R1bn in the six months to June and more than R1bn in 2020 and 2019. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now