Massmart is struggling to see the results of its two-year turnaround strategy to fix Game, which was relaunched with a new layout in July
Massmart has started the process of closing its Game stores in East and West Africa after failing to find interested buyers, the retailer announced on Wednesday.
The R13.3bn company was looking to sell the 14 stores to local investors and entrepreneurs with a “more intimate understanding of regional and local market conditions”, but said this “initiative did not deliver a meaningful outcome”...
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