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South African retailer Pepkor posts 11 7% fall in half-yearly profit

South Africa's Pepkor Holdings Ltd posted an 11.7% drop in half-yearly earnings on Tuesday, as customers prioritised spending on necessities amid a difficult working environment due to rolling blackouts and high inflation.

Kohl s posts surprise profit as cost cuts pay off, shares jump

Kohl's Corp on Wednesday reported a surprise profit as the department store operator's efforts to reduce excess inventory and slash costs under a newly appointed CEO started paying off, sending its shares up 18%.

Brazil s Americanas to seek bidders for fruit and vegetable unit

Brazil retailer Americanas SA said on Thursday it will next week start to seek potential bidders for the acquisition of its Hortifruti Natural da Terra (HNT) business unit.

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