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 |
| Founder | Mark Lamberti |
| Headquarters |
Sandton, South 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.