Eight Game stores are closing, with 700 jobs under threat
Game is currently running an advertising campaign for the shutdowns, proclaiming that "everything must go" at these stores, with large markdowns are on all products.
Source: news24.com
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Walmart Takes Massmart Private to Revive South African Business
Walmart is preparing for increased competition amid press reports that Amazon.com Inc. is planning to expand into Africa’s most-industrialized nation.
Source: themiddlemarket.com
July unrest brings more woe to loss-making Massmart
Group sales declined 1.9% to R84.9bn, with looting, Covid-19 restrictions on trade and global supply shortages weighing on the Game owner
Source: businesslive.co.za
Massmart assures workers, unions it's committed to saving jobs at local stores
On Friday Saccawu organised a protest to the US retailer's Joburg officers ver proposed store closures as part of its turnaround plan to stabilise the business.
Source: ewn.co.za
Saccawu affiliates threaten Sandton shutdown over Massmart consultation process
Saccawu affiliates threaten Sandton shutdown over Massmart consultation process They’ve accused the retailer of planning mass retrenchments and potentially closing more local stores. Massmart employees participate in a protest in Sandton on 28 May 2021 against the potential closure of stores and job cuts. Picture: Veronica Mokhoali/Eyewitness News 2 hours ago JOHANNESBURG - Workers affiliated with Saccawu have vowed to shut down Sandton in seven days if Walmart-owned retailer, Massmart, fails to bring an...
Source: ewn.co.za