Shoprite beefs up supply chain armour

New Riverfields distribution centre in Kempton Park ‘reduces transport costs and emissions through shorter delivery routes’

Brait builds on momentum and returns to full-year profit

Strong operational performances from Virgin Active and Premier underpin investment holding company’s results

NEWS ANALYSIS: Jet reaches new heights in TFG’s value push

TFG paid R385.3m for the value clothing brand in 2020 in a deal that would ultimately pay off handsomely

Kraft Heinz to stop using synthetic dyes in products

Move comes a few months after health secretary Robert F Kennedy Jr outlined plans to remove artificial colours from the US food supply

Lewis wrestles insurers over multimillion-rand Covid-19 claim

The furniture chain's business interruption claim  valued at more than R420m, but insurers are willing to pay out just R1m

Gucci owner Kering soars as Luca de Meo named new CEO

Unexpected departure of the man who helped turn the company around comes as a blow to Renault

Asian retailer MR.DIY upbeat as it enters SA market

Malaysian home improvement giant sees much space for itself after several local retailers bailed out

Outgoing SARS commissioner Bridgitte Backman joins TFG board

The appointment forms part of a broader reshuffle as the group progresses with its board renewal strategy

NEWS ANALYSIS: Retail royalty takes a back seat as generational shift hits SA’s giants

Founding families of top SA retailers are handing over to institutional structures and professional management

Marks & Spencer resumes online orders after 46-day cyberattack pause

Majority of M&S clothing range available for home delivery but ‘cyber incident’ likely to sap £300m of profit

Spar SA CEO ditches group for McDonald’s top job after three decades

Max Oliva’s long tenure at the grocery wholesaler was marked by both turbulence and transformation

Maize has Premier’s full support while rivals reconsider their bets

Premier expects lower maize prices and subdued wheat costs to support affordability and moderate revenue growth into the new financial year

Lucky Star to capitalise on protein demand when Brazil poultry ban bites

Cost of nonfish items certain to go up, but the company will keep prices affordable, says CEO

WATCH: Taking a look at TFG’s full-year results

TFG has opened its books for the market to inspect, showing a 4.6% rise in headline earnings per share. Business Day TV delved into the Foschini store owner’s ...

WATCH: A closer look at Mr Price’s results

Business Day TV speaks to Moxima Gama from The Money Hub

TFG’s online platform Bash gives SA rivals a thrashing

CEO Anthony Thunström credits the platform in Africa that reached profitability two years before schedule for sales growth