H&M surges the most in 16 years as sales growth surprises

The stock’s 18% surge adds $4bn to the market value of the Stockholm-based retailer

H&M’s logistics revamp is paying off as third-quarter sales bounce back

Shares surged 13% on Monday on the improved results, which were attributed to the retailer upping its digital game and cutting prices

US retail giant Macy’s to hire 5,500 more seasonal workers

Tighter competition from Walmart and Amazon amid a rise in online shopping prompts the company to hire more temps

Profitable year for Quantum Foods as egg unit performs … excellently

For the past two years, poultry producers have benefited from lower input costs, which came after a bumper summer grain harvest and a stronger rand

Pepkor goes to court to restrain former Tekkie Town management

Pepkor is trying to stop former Tekkie Town owner Braam van Huyssteen and other executives from forming a business to compete with the one he sold

China’s Alibaba in joint venture with Russia’s Mail.ru internet group

Alibaba wants to strengthen its foothold in Russian e-commerce in a deal that is backed by the Kremlin through the Russian Direct Investment Fund

Heart and Stroke Foundation SA removes refined grains from Heart Mark Criteria

The Heart and Stroke Foundation SA (HSFSA) regularly reviews the criteria for its Heart Mark endorsement programme, which is part of an ongoing effort by the ...

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WATCH | The KFC ad banned by the Advertising Standards Authority

The ad shows‚ among other things‚ a car spinning its wheels amid a crowd of onlookers in a warehouse

WATCH: Low prices of mushrooms and foreign-exchange losses weigh on Libstar

Food producer and supplier Libstar reported its maiden results on Tuesday.

E-commerce lifts Richemont as it names veteran Jérôme Lambert as new CEO

The luxury goods group has also announced strong sales growth, thanks largely to recently acquired online retailers YNAP and Watchfinder

Court rules against Lodestone sale interdict

Johannesburg High Court hands the former Steinhoff CEO a victory

WATCH: How the racist incident at Spur affected its results

CEO Pierre van Tonder talks to Business Day TV about the company's full-year results

Starbucks finally opens cafe in Italy, home of espresso

The company hopes that its design-rich Reserve Roastery in Milan will entice young European customers to counter slow sales in the US

RocoMamas shines for Spur group

New stores on the cards for company’s star performer in places like India and Saudi Arabia as restaurant sales increase 31.5%

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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.