Recent events
Recent events tied to this brand in public sources.
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2026
Massmart appoints Charmagne Mazhindu as VP of Marketing
Massmart appointed seasoned marketing leader Charmagne Mazhindu as its new Vice President of Marketing, strengthening the retailer's executive leadership team.
2022
Mastercard partners with Massmart on digital commerce access for small businesses
Mastercard partnered with retail group Massmart to connect small, medium, and micro-enterprises to digital commerce solutions. The collaboration also enabled small traders to purchase point-of-sale devices at discounted prices.
2021
Shoprite to acquire Massmart non-core retail assets
Shoprite said it would acquire Massmart's wholesale and retail chains for R1.4 billion. The proposed transaction covers several businesses and remains subject to conditions, including regulatory and competition approvals.
2021
Massmart agrees to sell food assets to Shoprite
Massmart announced that it is selling non-core food assets to Shoprite Holdings for 1.36 billion rand. The transaction covers Cambridge Food, Rhino, Massfresh and 12 Cash & Carry stores, and was expected to close early in the first quarter of 2022.
2021
Massmart plans sale of food assets to Shoprite
Massmart announced plans to sell Cambridge Food, Rhino, Massfresh and 12 Cash & Carry stores to Shoprite Checkers. The transaction was expected to close in early 2022.
2020
Massmart closes 23 Dion Wired stores
Massmart said it would cease trading at all 23 non-performing Dion Wired stores on 19 March 2020, following consultations with employees, organized labor and other stakeholders.
2020
Massmart starts restructuring involving store closures and retrenchments
Massmart announced that it had started restructuring the company, a process expected to affect 34 DionWired and Masscash stores and about 1,440 employees. The final number of stores to close was subject to consultations with the union.