In South Africa Massmart full-year sales rise 8.4 pct

The Walmart-controlled firm is due to publish its interim results on February 25.

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A shopper leaves the Game store in South Gate mall south of Johannesburg September 27, 2010. REUTERS/Siphiwe Sibeko play A shopper leaves the Game store in South Gate mall south of Johannesburg September 27, 2010. REUTERS/Siphiwe Sibeko (Reuters)
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South African retailer Massmart said on Thursday its full-year sales rose by 8.4 percent to 84.7 billion rand ($5 billion).

The continent’s third retailer said comparable store sales jumped by 6.7 percent. South Africa’s retailers have largely benefited from strong festive season sales.

The Walmart-controlled firm is due to publish its interim results on February 25.

($1 = 16.6493 rand)

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