US supermarket chain Walmart has announced plans to open its first stores in South Africa before the end of 2025.
Commenting on the move, Walmart International president and CEO Kath McLay said: “Walmart’s South African stores will offer a wide range of merchandise, including fresh groceries, household essentials, apparel and technology. Walmart also will offer a variety of locally sourced products. By partnering with South African suppliers and entrepreneurs, Walmart will bring its signature Every Day Low Prices and global standards to the market, while celebrating the country’s rich culture”.
Massmart, a retail group which operates the Makro, Game and Builders Warehouse brands in South Africa, and which has been fully owned by Walmart since 2022, will be responsible for the new store openings. Several outlets are currently under development, and their official launch dates will be announced in October.
Massmart president and CEO Miles Van Rensburg added: “We’re thrilled to begin this journey introducing the iconic Walmart brand to South African associates, customers and communities. By listening and working together, we aim to build lasting relationships and deliver a delightful shopping experience that reflects the needs and aspirations of South Africans”.
Source: Walmart