Ma Baker and Pakco acquisitions lift Rhodes’s revenue, but eat into profits

The company’s canned fruit export business suffered from higher prices due to the drought in the Western Cape and the stronger rand

Woolworths parts ways with Australian CEO John Dixon

The position of the group’s second-highest earner has been made redundant, and David Thomas and Scott Fyfe will now report directly to group CEO Ian Moir

Pioneer Foods finally puts drought behind it

The group expects to struggle for top-line growth amid tough competition in second half-year

Steinhoff repurchased shares from its employee scheme

The repurchase was not a related party transaction and there was no need to make the disclosure

Steinhoff: Austrian debt puts SA assets at risk

Debt of R145bn at the embattled furniture retailer must be restructured, but loans make it difficult to separate entities with value

How Austrian debt puts Steinhoff's SA assets at risk

Debt of R145bn at the embattled furniture retailer must be restructured, but loans make it difficult to separate entities with value

Yoox deal lights up luxury retailer Richemont’s e-sales

The Swiss luxury brands group takes over online fashion retailer YNAP to spur digital trade

Steinhoff begins talks with creditors about proposals to restructure

Any restructuring deal will be a convoluted affair, with creditors forming different groups with varying priorities

Most online shopping in SA is done from the office

Shopping portal PriceCheck says that slightly more men than women buy goods online, and they are looking for car-related items‚ electronics and travel ...

Saving Steinhoff is Heather Sonn’s 14-hour-a-day mission

Sonn says she agreed to chair the board because she felt a duty to those affected by the crisis — and because it was a rare opportunity

Famous Brands suffers on JSE after saying it expects major losses from UK deal

Gourmet Burger Kitchen has contributed an operating loss of £7.8m and Famous Brands says its results will include a R304m impairment of intangible assets

Think carefully, Jooste told dissenting Lodestone investor

Mayfair is trying to sell Lodestone but the founders of its three underlying companies are in court to stop the sale

Macy’s shares surge more than 13% as net sales rise to $5.54bn for the quarter

The US retail giant has battled online buying in recent years and closed 100 stores since 2015, but says consumers have spent windfalls on increased spending

Distell and Capevin to complete merger

Distell can finally look forward to having a modern corporate structure, says analyst

Unions accuse McDonald’s of widening web of tax avoidance

European and US labour unions are unhappy with McDonald’s for embarking on further aggressive tax practices despite an EU crackdown

Astral set to invest in plant expansion

The company plans to expand production after a fourfold increase in operating profit

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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.