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Massmart
Massmart Holdings Limited is a South African company that owns and operates major local retail chains including Game, Makro, Builders Warehouse, and CBW. It is the second-largest distributor of consumer goods in Africa, the largest retailer of general merchandise, liquor and home improvement equipment and wholesaler of basic foods. As of 31 October 2022, Massmart operated 411 stores in South Africa and 12 other Sub-Saharan countries. Its head offices are in the Massmart House in Sunninghill, Johannesburg. The company has been owned by multinational retail corporation Walmart since 2011. History Massmart was founded in 1990, beginning with the acquisition of six Makro stores. It listed on the JSE Limited on 4 July 2000 at R12.50 per share. Since its founding, Massmart has grown both organically and by acquisition. The firm acquisition history includes: * 378 Shield members in March 1992 * 20 Dion stores in May 1993 * 14 CCW stores in June 1998 * 26 Game stores in July 1998 * 6 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Makro (South Africa)
Makro (stylized as makro) is a South African warehouse club retail chain. Owned by Massmart, it operates under the Dutch Makro brand name. Headquartered in Sandton, Gauteng, the company has been operating since 1971. History Makro South Africa was established in 1971, in Germiston, South Africa. By 1989, the group had 5 stores in the country. Massmart, Makro's current parent company in South Africa, was established in 1990, when the former acquired 6 existing Makro stores. In May 2011, major US retailer Walmart bought a 51% share in Massmart, for around R17 billion (~ US$2.54 billion), after receiving approval from the South African Competition Tribunal. Then, in November 2020, Walmart finalized the acquisition of the remaining shares, making Massmart a wholly-owned subsidiary of Walmart. Makro launched its standalone shopping app in July 2022, enabling consumers to purchase over 120,000 items online - a 30% increase over the product catalogue available on its website. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Builders Warehouse
Builders Warehouse (commonly referred to as ''Builders'' in South Africa), is a South African construction equipment and home improvement retail chain. Founded in 2003, it is a wholly-owned subsidiary of holding company Massmart, which, through its Massbuild division, operates various kinds of stores, including Builders Warehouse, Builders Express (small-format stores), Builders Trade Depot (focused specifically on construction entrepreneurs), and Builders Superstore. Operations Builders Warehouse operates 117 stores in 4 countries across Southern and East Africa; South Africa, Botswana, Mozambique, and Zambia. It also provides an online shopping service. Some Builders Warehouse stores offer services such as tool hire, pool water analysis, and car key programming, and have partnered with local coffee chain Vida e Caffè. History Massmart began its acquisitions of the Builders brand when it acquired five Builders Warehouse stores operating in Johannesburg and Pretoria, in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. The company was founded in 1962 by brothers Sam Walton and Bud Walton, James "Bud" Walton in nearby Rogers, Arkansas. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. Walmart is the List of largest companies by revenue, world's largest company by revenue, according to the Fortune Global 500, ''Fortune'' Global 500 list in October 2022. Walmart is also the List of largest United States–based employers globally, largest private employer in the world, with 2.1 million employees. It is a publicly traded family-owned business (the largest such business in the world), as the company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cape Town 30 Jan 2012 019
A cape is a clothing accessory or a sleeveless outer garment of any length that hangs loosely and connects either at the neck or shoulders. They usually cover the back, shoulders, and arms. They come in a variety of styles and have been used throughout history for many different reasons. Semantic distinction In fashion, the word "cape" usually refers to a shorter garment and "cloak" to a full-length version of the different types of garment, though the two terms are sometimes used synonymously for full-length coverings. A shoulder cape is thus sometimes called a "capelet". The fashion cape does not cover the front to any appreciable degree. In raingear, a cape is usually a long and roomy protective garment worn to keep one dry in the rain. History The first known usage of capes is unknown, but some early references we know of are from Ancient Roman military uniforms. Later on, capes were common in medieval Europe, especially when combined with a hood in the chaperon. They ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Johannesburg Stock Exchange
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Companies Established In 1990
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1990 Establishments In South Africa
Year 199 ( CXCIX) was a common year starting on Monday of the Julian calendar. At the time, it was sometimes known as year 952 ''Ab urbe condita''. The denomination 199 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Mesopotamia is partitioned into two Roman provinces divided by the Euphrates, Mesopotamia and Osroene. * Emperor Septimius Severus lays siege to the city-state Hatra in Central-Mesopotamia, but fails to capture the city despite breaching the walls. * Two new legions, I Parthica and III Parthica, are formed as a permanent garrison. China * Battle of Yijing: Chinese warlord Yuan Shao defeats Gongsun Zan. Korea * Geodeung succeeds Suro of Geumgwan Gaya, as king of the Korean kingdom of Gaya (traditional date). By topic Religion * Pope Zephyrinus succeeds Pope Victor I, as the 15th pope. Births Valerian Roman ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Companies Of South Africa
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Sandton
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Investment Corporation
The Public Investment Corporation (PIC) is a South African state-owned entity (SOC) with R2.693 trillion (USD 142 Billion) of assets under management as of 31 March 2024. It is Africa's largest asset manager. Established in 1911, it holds large stakes in several South African companies, and is one of the entities through which the government implements its policy of Broad-Based Black Economic Empowerment. The PIC is also responsible for investing in the South African Government Employees Pension Fund (GEPF). History The organisation has its origins in 1911, with the passing of the ''Public Debt Commissioners Act of 1911'', a year after the formation of the Union of South Africa. Known then as the Public Debt Commissioners, it would manage the government's debt, investing the government and South African Railways and Harbours trust funds and by 1924 had taken on the provincial administrators funds as well. By the mid-1920s it would manage the granting of loans to local ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aberdeen Asset Management PLC
Aberdeen Asset Management plc was an international investment management group, managing assets for both institutions and private investors from offices around the world. Its head office was in Aberdeen, Scotland. The company was listed on the London Stock Exchange until 14 August 2017 when, as a result of a merger with Standard Life, it became a subsidiary of the renamed Standard Life Aberdeen. History The company was established in 1983 through a management buy-out of an investment trust. It was then listed on the London Stock Exchange in 1991. In recent years, it has seen significant growth from acquisitions. In 2000 it acquired Murray Johnstone, followed by Edinburgh Fund Managers in 2003, parts of Deutsche Asset Management in 2005 and 2007, Glasgow Investment Managers in 2007, Goodman Property Investors in 2008, certain investment businesses of Credit Suisse Asset Management in 2009, and certain contracts and assets from RBS Asset Management in 2010. In November 2013, Ll ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
