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Will the impact of Covid-19 weigh on Massmart's turnaround strategy?

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Turning Massmart around during the current economic climate is proving to be difficult. The retailer’s half-year loss grew from R832m to R1.2bn as it suffered a double-digit slump in sales and its costs increased due to store closures. Business Day TV spoke to Mitchell Slape, CEO of Massmart to discuss the numbers and how it impacts the company’s turnaround plan moving forward.
27 Aug 2020 2AM English South Africa Business · Business News

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