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Massmart was founded in 1990, beginning with the acquisition of six Makro stores. It listed on the JSE Limited on 4 July 2000 at R12.50 per share. Since its founding, Massmart has grown both organically and by acquisition. The firm acquisition history includes: 378 Shield members in March 1992; 20 Dion stores in May 1993; 14 CCW stores in June 1998
Makro had also expanded to the United States in the mid-1980s. In 1989, Kmart bought the US locations, [2] and converted most of them to Pace Warehouse in 1990. Makro expanded to Asia with its first store in Thailand in 1989. Operating as Siam Makro, the company is a joint venture between Charoen Pokphand and SHV Holdings. In 1994, Siam Makro ...
Raymond Ackerman purchased the first four Pick n Pay stores in Cape Town in 1967 from Jack Goldin. [4] Since then, the Group has grown to encompass stores across South Africa, Namibia, Botswana, Zambia, Nigeria, Eswatini and Lesotho. Pick n Pay also owns a 49% share of Zimbabwean chain TM Supermarkets. [5]
Brackenfell is a town in the Western Cape province of South Africa, situated on the N1 about 30 km (17 mi) north-east of Cape Town and 35 km (22 mi) south-west of Paarl. Regarded as the “gateway” to the Cape Winelands , the town marks the start of the Bottelary Hills Wine Route which follows the scenic Bottelary Road to Stellenbosch , about ...
In 2006, Makro-Habib began construction of a store in Saddar Town after obtaining a sublease from the Army Welfare Trust (AWT) on a playground called Webb Ground, a five-acre playing field located in Tunisia Lines and named after Sir Montagu de Pomeroy Webb. [6] [7] Webb Ground was originally leased to AWT for commercial purposes in December 2002.
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Clicks Retail Group is a group of healthcare, beauty, music and lifestyle products retail chains and brands based in South Africa, including Clicks pharmacies.The company was founded in Cape Town by Jack Goldin in 1968 and operates over 670 retail outlets in southern Africa. [1]
It is headquartered in Parow East near Cape Town. In 2015, the company acquired the British apparel chain Phase Eight [4] [5] from TowerBrook Capital Partners, then valued at £300 million. [6] In March 2016, TFG acquired the British chain Whistles with its 46 retail shops. [5]