Massmart is a South African-based globally competitive regional management group, invested in a portfolio of differentiated, complementary, focused wholesale and retail formats, each reliant on high volumes and operational excellence as the foundation of price leadership, in the distribution of mainly branded consumer goods for cash.


MARK J LAMBERTI
CHAIRMAN
 

Chairman's letter to stakeholders

At the end of Massmart’s first full year as a Walmart subsidiary, it is my privilege to introduce the 2012 Massmart Integrated Annual Report.

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GRANT PATTISON
CHIEF EXECUTIVE OFFICER
 

Chief Executive Officer's review

The past year has been one of the busiest in Massmart’s history. We have been simultaneously implementing our organic growth strategy, re-engineering our supply chain, establishing ourselves as a food retailer, integrating with Walmart and completing the remaining legal aspects of the Walmart transaction.

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Financial Highlights

* Excluding effect of Walmart costs