Wal Mart

 
Massmart profit dragged down by Game stores
Massmart profit dragged down by Game stores
Massmart, the South African food and general goods retailer controlled by Wal-Mart stores, missed profit estimates as its Game chain of shops...
Grocers trade at lowest in three years as profits stall
Grocers trade at lowest in three years as profits stall
The FTSE/JSE Africa Food & Drug Retailers Index has declined 18% this year through August 23 to trade at 22 times earnings. The...
Wal-Mart’s Massmart sales growth slows as spending drops
Wal-Mart’s Massmart sales growth slows as spending drops
Massmart Holdings, the South African food and goods wholesaler owned by Wal-Mart Stores, said sales growth slowed down. Sales advanced 8.9% to...
Walmart not making massive dent
Walmart not making massive dent
Shortly after Walmart's purchase of local retailer Massmart was announced, Shoprite chief executive Whitey ­Basson famously declared that if...
US union lent a hand in Walmart battle
US union lent a hand in Walmart battle
A US union paid legal fees for a local union to fight US retail giant Walmart's acquisition of local retailer Massmart, according to a report on...
Walmart merger outcome widely welcomed
Walmart merger outcome widely welcomed
The government on Friday roundly welcomed the Competition Appeals Court's ruling on the Walmart/Massmart merger and appeared unlikely, at present, to take the matter to...
Court dismisses government's Walmart appeal
Court dismisses government's Walmart appeal
The Competition Appeal Court dismissed government's appeal to the Walmart Massmart merger on Friday.
Namibia gives Walmart merger the nod
Namibia gives Walmart merger the nod
Namibia's trade and industry minister is giving Walmart's takeover of Massmart Holdings approval, provided it does not lead to job losses within...
Shoprite's first-half profits up by nearly 20%
Shoprite's first-half profits up by nearly 20%
Africa's biggest food retailer Shoprite reported an 18.6% rise in first-half profits on Tuesday. This was helped by higher prices, a favourable...
All eyes on SA, Walmart appeal
All eyes on SA, Walmart appeal
Whether Walmart ultimately succeeds in buying a controlling share of a major South African chain could affect whether other Americans come to do...
India's plan to bring in Western retailers sparks fury
India's plan to bring in Western retailers sparks fury
A fierce row has broken out following the Indian government's decision to open the country up to Western supermarkets, blocking Parliament for days...
Riotous crowds mar US Black Friday shopping
Riotous crowds mar US Black Friday shopping
Black Friday turned into a black mark against American shoppers as riotous crowds brawled over video games, waffle irons and towels, drawing...

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