DionWired

Retail

DionWired is Officially Closed for Business

Luis Monzon - March 19, 2020

In February, it was learned that DionWired stores were bleeding money for their parent company, Massmart - this came just weeks after Massmart's January announcement that the stores would be closing. The initial statement from Massmart read “the Massmart Group...

Africa By Region

DionWired Bleeding Money – No Question Why Stores Are Closing

Luis Monzon - February 27, 2020

Massmart JSE-listed South African branch of Walmart and owner of Game, DionWired and Makro stores, reported a $110 million turnaround in its profits in 2019, plunging to a net loss of $55 million. By all accounts and measures applied...

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