Massmart’s trading update highlights challenges

Date : 17 June 2020

Jon Wright

Head of Insight - RA EMEA

South Africa-based, Walmart-owned Massmart has released a trading update for the 23-week period ending 7 June. In it the retailer underlined the challenging market conditions it has operated in and which continue to affect its performance. Total sales fall by 10.3% Massmart reported total…
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