Big deal

Big deal

  • Fact: #

Massmart’s sales for year to June 2011 was R53bn, or roughly $6.6bn. Walmart’s sales for the year to January 2011 was $419bn (including sales of $109bn outside the US). (http://bit.ly/roJLye, http://bit.ly/uBL62Z)

This week’s theme: Walmart and Massmart

One response to “Big deal”

  1. Belinda

    13 years Ago

    The % comparison is not the big deal. The really big deal is the fact that they recognised the value in a South African company and are willing to invest here. All the hype surrounding the deal by organisations trying to reverse the decision is short-sighted. Given the international economic situation we should be welcoming companies who are willing to invest in Africa.

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