Massmart to open 90 stores in 3 years

170111 Massmart CEO Grant Pattison at shareholders meeting held in Sunninghill North of Johannesburg.photo Simphiwe Mbokazi

170111 Massmart CEO Grant Pattison at shareholders meeting held in Sunninghill North of Johannesburg.photo Simphiwe Mbokazi

Published Aug 22, 2013

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Johannesburg - Wal-Mart's South African unit Massmart plans to open 90 stores in the next three years, Massmart chief executive Grant Pattison said on Thursday.

Pattison told a conference call most of the new stores would be in South Africa, where debt-laden consumers are reining on spending, while 10 to 15 stores would be opened on the rest of continent. - Reuters

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