Power cuts hit South Africa’s Mr Price half-year profit

[ad_1] A shopper pushes a trolley outside a branch of South African clothing and homeware retailer Mr Price, at the Trade Route Mall, in Lenasia outside Johannesburg, South Africa, February…

Sandwich chain Subway to sell itself for $9.55 bln to Roark Capital – sources

[ad_1] A person walks by a Subway restaurant in Manhattan, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly/File Photo/File Photo Acquire Licensing Rights Aug 24 – Subway would sell…

Walmart promotes CEO of Sam’s Club to head International division

[ad_1] The logo of a Walmart Superstore in Rosemead, California, U.S., June 11, 2020. REUTERS/Mario Anzuoni/File Photo Acquire Licensing Rights Aug 16 (Reuters) – Walmart Inc (WMT.N) on Wednesday promoted…

Kohl’s warns of margin pressure, shares tumble 12%

[ad_1] May 20 (Reuters) – Kohl’s Corp (KSS.N) on Thursday warned of a hit to its full-year profit margin from higher labor and shipping costs as well as selling fewer…

Domino’s Pizza to shut 27 stores in Denmark, Australian construction and supply arm

[ad_1] June 13 (Reuters) – Australia’s Domino’s Pizza Enterprises (DMP.AX) said on Tuesday it would shut 27 stores in Denmark, and its construction and supply arm in Australia, sending its…

Walgreens maintains full-year profit growth forecast; shares rise

[ad_1] Jan 7 (Reuters) – Walgreens Boots Alliance Inc (WBA.O) said on Thursday it expects benefits from COVID-19 vaccinations to cushion the impact of pandemic-induced restrictions, and stuck to its…

Workspace’s occupancy levels pick up as London comes back to life

[ad_1] Oct 7 (Reuters) – Office space provider Workspace (WKP.L) said on Thursday utilisation of its centres in London peaked at more than half of pre-pandemic levels by the end…

South Africa’s Pick n Pay warns earnings may fall again if blackouts persist

[ad_1] JOHANNESBURG, May 4 (Reuters) – Pick n Pay’s (PIKJ.J) 2023 earnings may not exceed those of the previous year if rolling power cuts persist, the South African supermarket chain…

Exclusive: Subway comes up with debt plan to clinch $10 billion-plus sale

[ad_1] NEW YORK, April 30 (Reuters) – The bankers running the sale process for Subway have given the private equity firms vying for the sandwich chain a $5 billion acquisition…

Saint-Gobain sees positive price-cost trend after Q1 sales beat

[ad_1] April 27 (Reuters) – French construction materials group Saint-Gobain (SGOB.PA) on Thursday forecast a slower yearly increase in energy and raw material costs for 2023 while reporting better-than-expected first…