Company type | Public Subsidiary |
---|---|
JSE: MSM | |
Industry | Retail |
Founded | 1990 |
Founder | Mark Lamberti[1] |
Fate | Acquired by Walmart |
Headquarters | , |
Number of locations | 411 (31 October 2022)[2] |
Area served | Sub-Saharan Africa |
Products | Food, Liquor, General merchandise, Home Improvement |
Revenue | R91.564 billion (2016)[3]: 40 |
R2.603 billion (2016)[3]: 40 | |
R1.322 billion (2016)[3]: 40 | |
Total assets | R31.883 billion (2016)[3]: 43 |
Total equity | R6.183 billion (2016)[3]: 43 |
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 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.[4] As of 31 October 2022, Massmart operated 411 stores in South Africa and 12 other Sub-Saharan countries.[5] Its head offices are in the Massmart House in Sunninghill, Johannesburg.[6]