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Spar shares crash 15% as IT woes, costs hit profit | Business

Spar’s share rate closed more than 15% lower after it stated revenues could fall by approximately 35%. The ....

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Spar shares crash 15% as IT woes, costs hit profit

Shares in Spar crashed more than 15% on Wednesday after it issued a dire interim trading update warning earnings could fall by up to a third as it grappled with soaring costs in all its markets. ....

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Foschini owner TFG's shares fall sharply after it reports R1bn load shedding hit

TFG has estimated load shedding cost its local business R1 billion in lost sales for the 11 months to end-February, sparking a share sell-off analysts say could indicate foreign investors were adopting a cautious outlook on SA Inc stocks. ....

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Smaller baskets, more braaiing for Woolies customers

In response to increased blackouts, Baggattini said Woolworths had launched 100 braai lines which have been popular. ....

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Clothing retailer H&M to launch online offering on Superbalist

Swedish clothing retailer H&M's local unit is to launch an online offering on e-commerce platform Superbalist in a move welcomed by analysts as a smart way of expanding without hefty capital outlays. ....

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