Massmart 14-week total sales up 14.7%
Retailer Massmart on Monday said total sales for the first 14 weeks to 2 October 2011 increased by 14.7%, with product inflation averaging -0.7%.
Comparable sales increased by 8.0% for the same period.
"With the first quarter's sales indicating a return to stability with growth in all categories and divisions, the financial year ahead looks to be solid," the company said in a statement.
Massmart's AGM will be held on 23 November.