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Spur signals recovery from pandemic trauma

Heps could rise as much as 32.5% in the restaurant group’s year to end-June

How Peloton plans to revive its fortunes as demand swoons

US exercise equipment company to close stores, raise prices and cut about 800 jobs

Distell sees earnings rise as it prepares to exit JSE

The share price reflects the value of the Heineken deal and barely moved after the trading statement.

Spar loses a third of Polish retailers in turnaround drive

Outlets quit in response to new terms requiring them to get 40% of goods from wholesaler

Italtile flags modest profit growth, despite waning DIY wave

The shift in consumer spending away from home improvement has kept operations and profitability under pressure, the company says

Johann Rupert says he won’t be ‘blackmailed’ into board overhaul at Richemont

Shareholder Bluebell Capital Partners is pressing for boardroom change at luxury group, but billionaire chair says there was no reason

Libstar buys Cape Foods to access new markets

Consumer goods group acquires firm specialising in herbs, spices and seasoning blends

Luxe suspended from JSE in a bad week for Sean Riskowitz

Company says it is restating financial accounts for unspecified number of years as some transactions were not reported correctly

Q&A: Separate regime needed to distinguish vaping from smoking

Business Day speaks to Asanda Gcoyi, CEO of theVapour Products Association of SA, to clear the air on the industry that is trying to distinguish itself from ...

Massmart slumps as struggling consumers compound looting woes

Total sales of R41.3bn for retailer’s half-year to end June 26 are broadly unchanged

Activision Blizzard sales fall 15% as new Call of Duty launch disappoints

The video game industry faces a sluggish year as interest in gaming wanes post-Covid, supply chain issues, inflation and a lack of big hits

Game opens biggest bottle store as retailers turn to booze

Chain store revamps 115 of its SA stores in bid to turn loss-making brand around

Heineken reports healthy sales as lager lovers pay more

Brewer reports expansion in all regions, but warns rising costs may shrink profit margins in 2023

Steinhoff sets aside €100m for lawsuit amid ‘complex debt talks’

Group is engaging with the parties to reach a settlement in new action, but it’s early stages, CEO Louis du Preez says

Ellies swings into headline loss as satellite dish installations fall

While its satellite dish business has slowed, demand for Ellies’ inverter and solar power products has grown

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