Friday 2 August 2013

Massmart Opens Second Builders Warehouse In Botswana

In line with its African expansion strategy, Massmart Holdings Ltd. (MSM) - a food and general goods retailer controlled by Wal-Mart Stores Inc., has opened its second Builders Warehouse store in Somerset West, Francistown, Botswana

Earlier this year, Massmart CEO, Grant Pattison had announced that the retailer will continue to expand its store network in sub-Saharan Africa with the opening of 27 stores before the end of 2013, including a Makro in Amanzimtoti, Durban, and a Builders Warehouse store in Botswana and Mozambique.

Following the announcement of the new 5,150m Builders Warehouse on Monday, Pattison said the group which has 381 stores in sub-Saharan Africa, had several new sites approved in its existing African markets.

"We are also focusing on East and West Africa, where we are already in the planning stages of implementing our discount food retail strategy," he said.

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