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Massmart sales to December up 13%
Wholesale retailer Massmart on Thursday said that sales over the 26 weeks to December 28 rose 13.2% to R22.8-billion compared with same time a year ago, with 12-month rolling inflation estimated at 9.9%.
Massmart, which owns chain stores such as Game and Makro, said comparable store sales increased 11.9%.
Massdiscounters increased 12.9% with inflation of 1.8%; Masswarehouse increased 14.8% with inflation of 11.9%; Massbuild increased 1.4% with inflation of 10.6%; and Masscash increased 17.3% with inflation of 15.9%.
Massmart's reviewed interim results for the six months ended December 2008 will be published on February 26 2009.
Published courtesy of
