News | South Africa

Back

Retail sales of Massbuild lag behind trade business

The Builders Warehouse chain operates large DIY and home improvement stores in major urban areas.

The Builders Warehouse chain operates large DIY and home improvement stores in major urban areas.

The South African building materials and DIY store operator Massbuild increased its total sales in the first 19 weeks of 2018, thus from January to mid-May, by 6.1 per cent. Massbuild is part of the Massmart Group and operates the four brands Builders Warehouse, Builders Superstore, Builers Trade Depot and Builders Express. Comparable sales growth came to 4.4 per cent. In the South African stores the growth in contractors' sales was higher than 6.1 per cent, whilst the growth in sales to retail customers was lower. The company explained this with the statement that some economic pressure is still being felt by upper-income customers. Online sales grew "significantly", according to an interim report. The total sales growth of stores outside South Africa amounted to 6.1 per cent calculated in rand (ZAR).

|12 June 2018


More about the company
SEND
 PRINT 

Post a comment

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



(will not be published)

* obligatory fields


Latest news

Clas Ohlson reports an increase of nine per cent

In the first half year of its financial year 2018/2019, i.e. from May to October, Clas Ohlson made sales to the amount of SEK 4.115 bn (EUR 403 mio). View news...

Europeans prefer A-brand paints to private labels

Germany is virtually the only country in Europe where private label paints are more popular than A-brands. In other European countries the reverse is View news...

Third quarter adversely affects Hornbach’s profits

Reflecting a patchy third quarter of 2018 across the sector, Hornbach is the latest company to announce an unexpected drop in earnings. According to View news...

Christmas music stresses shoppers out – so Clas Ohlson is playing its own album

No more Silent Night: Christmas music in stores causes stress for customers and employees alike. Swedish retail chain Clas Ohlson has heeded the View news...

Actual figures

Statistics Home Improvement Europe


Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

6th Global DIY Summit 2018

Rapid, Innovation for end user

Rapid

Innovation for the end user

More than 1 100 participants came to the 6th Global DIY Summit in Barcelona. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.

Gallery