by Mildred Europa Taylor, Face2FaceAfrica.com
US retailer Walmart announced on Tuesday, September 9, that it will open its first branded stores in South Africa by the end of 2025.
The new stores will offer fresh groceries, apparel, technology products, and household essentials, Walmart International President and CEO Kath McLay said in a news release.
Store locations, opening dates and hiring processes are expected to be disclosed in October.
“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,” McLay added.
Walmart already owns the South African-based retailer Massmart, which operates the brands Makro, Game, Jumbo, Builders and Shield.
Walmart is now ready to compete with domestic retailers, including market leader Shoprite, Woolworths, and Pick n Pay. Online, it looks to challenge Amazon and market leader Takealot.com.
With fiscal year 2025 revenue of $681 billion, Walmart employs approximately 2.1 million associates worldwide. In terms of its international brands, Walmart is present in Latin America, with over 900 retailers in five Central American countries. It also has 400 locations in Chile and more than 3,000 throughout Mexico.
In China, there are about 330 Walmart and Sam’s Club stores throughout the country, with about 25 in India. The company also has about 400 retailers in Canada.
“We’re thrilled to begin this journey introducing the iconic Walmart brand to South African associates, customers and communities,” said Miles Van Rensburg, Massmart president and CEO.
“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.”