Massmart’s turnaround plan focuses on its market leading product categories

The original article can be found here.

Article highlights:

  • Massmart has said it is poised for accelerated growth as it continues to implement its turnaround strategy.
  • A significant outcome of the turnaround plan to date has been re-organising and introducing new ways of working to unlock its strengths and deriving the resultant benefit to the business.
  • This has mostly involved leveraging Massmart scale, and Walmart networks and expertise, to lower the cost base and implement better ways of working to create a significantly more competitive platform for future growth.