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Massmart was founded in 1990, beginning with the acquisition of six Makro stores. [9] 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 ...
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 ...
Major appliances, also known as white goods, comprise major household appliances and may include: air conditioners, [10] dishwashers, [10] clothes dryers, drying cabinets, freezers, refrigerators, [10] kitchen stoves, water heaters, [10] washing machines, [10] trash compactors, microwave ovens, and induction cookers.
By the late 1990s and the early 2000s, the idea of connecting home appliances to the Internet (Internet of Things) had been popularized and was seen as the "next big thing." [3] In June 2000, LG launched the world's first internet refrigerator, the Internet Digital DIOS. This refrigerator was unsuccessful because consumers saw it as unnecessary ...
BI-LO supermarket. A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections.Strictly speaking, a supermarket is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market.
Food in a refrigerator with its door open. A refrigerator, commonly shortened to fridge, is a commercial and home appliance consisting of a thermally insulated compartment and a heat pump (mechanical, electronic or chemical) that transfers heat from its inside to its external environment so that its inside is cooled to a temperature below the room temperature. [1]