Massmart Holdings Limited (JSE:MSM)
Massmart Holdings Limited (JSE:MSM) is a South African-based, globally-competitive regional management group, invested in a portfolio of differentiated, complementary, focused wholesale and retail formats. These are each reliant on high volumes and operational excellence as the foundation of price leadership, in the distribution of mainly branded consumer goods for cash.
Massmart is the second-largest distributor of consumer goods in Africa, the leading retailer of general merchandise, liquor and home improvement equipment and supplies, and the leading wholesaler of basic foods.
The group's wholesale and retail chains are all focused on high-volume and low-cost distribution. It operates more than 400 stores in 13 countries in sub-Saharan Africa through the Group’s two business units - Massmart Wholesale and Massmart Retail. Each has a dedicated management team focusing on a retail or wholesale format, merchandise proposition and customer base, and is empowered to take trading decisions within a strategic framework and governance structure defined by the Massmart Group.
Brands operated by the group include Game, DionWired, Makro, The Fruitspot, Wumdrop, Builders Warehouse, Builders Express, Trade Depot, Superstore, CBW, Jumbo Cash & Carry, Sunshine, Trident, Eureka, Saverite, Shield, Cambridge Food and Rhino Cash & Carry.