Massmart will not be profitable as long as it keeps Game, analysts say

Walmart-owned retailer Massmart may have disposed of some of its assets to Shoprite, but this will not make a difference to the loss-making group if it does not sell Game, analysts say. 

The Competition Commission has recommended that the Competition Tribunal approve Shoprite’s acquisition of the multiple retail stores operated under Massmart’s Rhino and Cambridge brands for R1.360-billion. 

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The post Massmart will not be profitable as long as it keeps Game, analysts say appeared first on The Mail & Guardian.

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