News | South Africa


Massbuild remains at the previous year’s level in the first half of the year

Massbuild, the home improvement sales channel of the South African trading group Massmart, was not able to increase sales in the first half of the year. The parent company reports a rate of change to the middle of the year (25 June 2017) as 0.0 per cent. Comparable store sales decreased by 0.2 per cent. However according to the company, comparable store sales on the home market were positive. The decline in sales in other countries is reportedly due to currency differences; in local currencies total and comparable store sales also grew there.

| 9 August 2017


Post a comment

* Please complete the areas marked in red correctly and in full!.

(will not be published)

* obligatory fields

Latest news

Good figures for the second quarter of 2017

Stanley Black & Decker has reported an increase in sales for the second quarter of 2017 of ten per cent compared with the same period in the View news...

No good figures in second quarter

Kingfisher, Europe's biggest DIY store operator, has reported a decline in sales of 1.9 per cent to GBP 3.148 bn (all figures, including the View news...

New competition for eBay in Europe

This week Facebook launches its online trading platform Facebook Marketplace in 17 European countries, including Germany. Users of the new online View news...

Sales up by more than six per cent in the second quarter

The Home Depot, the world's largest home improvement retailer, yesterday reported sales of $28.1 billion for the second quarter of fiscal 2017, a View news...