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About Massmart Holdings

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Massmart Holdings Limited is a South African firm that owns local brands such as Game, Makro, Builder’s Warehouse and CBW. It is the second-largest distributor of consumer goods in Africa, the largest retailer of general merchandise, liquor and home improvement equipment and wholesaler of basic foods

Massmart Holdings was founded in 1990

Massmart operated 423 stores in South Africa and 12 other Sub-Saharan countries.[2] Its head offices are in the Massmart House in Sandton, Johannesburg.

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Massmart Holdings Information

Industry Retail
Founded 1990; 31 years ago
Founder Mark Lamberti
Headquarters
SandtonSouth Africa
Number of locations
423 (31 January 2021)
Area served
Sub-Saharan Africa
Products Food, Liquor, General Merchandise, Home Improvement
Revenue R91.564 billion (2016)
Operating income
R2.603 billion (2016)
Net income
R1.322 billion (2016)
Total assets R31.883 billion (2016)
Total equity R6.183 billion (2016)
Number of employees
45,000+ (2015)
Parent Walmart (2011–present)
Divisions Massdiscounters, Masswarehouse, Masscash, Massmart
Subsidiaries Makro
Game
Builder’s Superstores
CBW
Website www.massmart.co.za

 

Source – Wikipedia.

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