JSE-listed Massmart has recorded a 7.7% decrease in sales to R86.5-billion for 2020. Sales in the fourth quarter had contracted by 4.1% year-on-year, as a result of softer sales over the Black Friday period, in addition to lower foot traffic, especially in regional malls.
Massmart says Covid-19 restrictions cost it R6bn in sales during 2020
2021-02-19T13:32:10+00:00February 19th, 2021|