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Retailers News South Africa

Massmart 26-wk sales up 14.6% to R36.1bn

Massmart's total group sales for the 26 weeks ended 23 December 2012 increased to R36.1 billion‚ representing growth of 14.6% over the prior 26-week period‚ with year-to-date sales inflation estimated at 3.7%. Comparable store sales increased by 7.3%‚ the company said on Thursday, 10 January 2013.

Massmart´s results for the 26 weeks to December 2012 will be released on 28 February 2013.

Source: I-Net Bridge

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