Massmart doubles down on everything but horror-show Game

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Over the next five years, Massmart will invest substantially all its efforts in three areas of the business: Makro, Builders and e-commerce. Moneyweb retail

Over the next five years, Massmart will invest substantially all its efforts in three areas of the business: Makro, Builders and e-commerce. Already, nearly three-quarters of its capex for this year has been allocated to this. Expect an even greater portion in the years ahead. From the build out of additional Makro and Builders stores, it sees as much as R9.4 billion in new sales over the next five years. Absent from this investment drive? Game.

5 billion and R2 billion in revenue a year. The current 22 stores are concentrated in Gauteng . There are three in Durban , three in Cape Town and five in regional centres . The Riversands and Cornubia stores are the newest and are instructive as they manage to stock the same range in a more compact footprint than the older stores. Expect new outlets to be the same. The group will have a very clear idea of where it can add stores without cannibalising existing Makro stores .

Source: Entertainment Trends (entertainmenttrends.net)

 

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