Massmart
UK: Former Tesco exec Russo named Asda CFO
Asda has named former Tesco executive Alex Russo as it new CFO. Russo will join the UK's second-largest grocer from…
S AFRICA: Massmart H1 profit dips despite sales gains
An increased contribution from less-profitable food sales and higher expenses hit Massmart's first-half earnings, although the South African retailer grew…
Editor’s choice: the highlights on just-food last week
Fonterra again dominated the headlines as it grappled with the fall-out of the botulism scare. Import bans mounted and a…
KENYA: Wal-Mart’s Massmart coy over link to retailer Naivas
South African retailer Massmart, in which Wal-Mart owns a majority stake, has remained coy over a claim it is looking…
S AFRICA: Massmart H1 sales up but slowing
Sales at South African retailer Massmart, majority-owned by Wal-Mart, increased almost 9% in the first half of its financial year,…