Massmart reports sales fall after civil unrest hit stores and supply chains

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Massmart reports sales fall after civil unrest hit stores and supply chains 🔒

Massmart, the owner of Makro, Game and Builders, has reported group sales declined in its 2021 year, having a particularly bad fourth quarter as it battled the effect of July's civil unrest on product availability.

Total group sales fell 1.9% to R84.9bn in the group’s year ended January 26, with fourth quarter sales falling 8.1%, and wiping out a marginal gain registered in its first nine months...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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My children have been going to school on an empty stomach and coming back with no food in the house. I've been struggling to find a piece job and in my struggle my family is suffering. Please assist us with any food nearing their expiry date. For my children🙏🏻💔

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