Walmart-owned, South Africa-based Massmart released a trading update for the 52-week period ending 27 December 2020, noting full year sales fell 7.7% to ZAR86.5 bn (US$5.9 bn). The retailer reported comparable sales contracted by 7.5% in the year, although it had seen an improvement in performance in Q4. Q4 sales contracted 4.1% The retailer said sales in its fourth quarter were down 4.1% o...

South Africa-based SPAR Group reported sales growth of 9.8%, to ZAR42.99 bn (US$3.0 bn), during the 18-week period to the end of January 2021. The Group enjoyed growth across all its country operations, with a strong advance in performance seen in Poland. Growth in South Africa impacted by lost liquor sales In its home market SPAR reported group sales growth of 3.4%, with its performance af...

South Africa-based Shoprite has reported total sales growth (including Supermarkets RSA LiquorShop) of 4.7%, to ZAR83.4 bn (US$5.8 bn). Excluding the effect of the liquor stores, which were impacted by COVID-19 nationwide lockdown regulations, sales rose by 6.3%. Results show improving performance during the half In its home market Shoprite reported sales growth of 5.6% in the half (includi...