During the trading year to late December 2017, the African subsidiary of Wal-Mart named “Massmart” posted total sales up by 1% to US$8 billion via 423 stores located in 13 sub-Saharan countries. Its revenue growth was lower than that of retail sq.m, which increased by 2.8% via 11 new stores last years. Massmart operates an array of banners including Game, Makro and Builder’s Warehouse and is Africa’s 2nd largest retailer after Shoprite Holdings. South Africa generates 92% of its bus
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