Dis-Chem sale pumps up RECM and Calibre

Disposal of indirect stake helps investment company increase net asset value 39%, leaving JSE’s annual return behind in the dust

Shoprite pushes posh nosh in bid to win affluent customers

Lower-income families cut back spending as wealthier classes remain undented by the downturn

No collusion — competition is fierce, says Karan Beef

The Competition Commission raided the company last week as part of a probe of allegations of price fixing in the beef industry

Amazon eyes Wal-Mart shoppers

E-commerce firm boosts brick-and-mortar presence and takes on retailer’s groceries business with $14bn Whole Foods Market deal

Albie Cilliers steps up battle over KWV shares amid Vasari sale

The KWV dissenting shareholder awaits the holding company’s response to a supplementary affidavit filed over the new payout concern

Stronger rand takes bite out of Brait’s dividend

Investment holding company acknowledges that New Look had a difficult year, says ‘conditions are expected to remain challenging’ until the end of 2018’

BUSINESS DAY TV: IFC due diligence ‘means showing them your underpants’

Bounty Brands CEO Stefan Rabe talks about the International Finance Corporation investing in the company, and discusses plans to list the company

Africa makes winning case for Steinhoff

The solid performance of its African assets highlights the case for a separate listing

Remy Cointreau in upbeat spirits as annual profits rise

Demand improves for its premium cognacs in China, and further profit growth is predicted this year

Kellogg’s fights Kokkinakis over ‘Special K’ trademark

Retaliatory action by Kellogg’s was sparked when the Kokkinakis family tried to register it as their own trademark

US buy difficult to bed down for Steinhoff

Steinhoff disappoints as it overhauls newly acquired but underperforming billion-dollar mattress business

Credit regulator unhappy with judgment over Lewis Stores’ fees

Lewis charges fees for its extended warranty and club membership in a separate ‘statement of account’, which lets them off the hook

Jewellers play catch-up with online sales tactics

Diamond jewellery retailers are under pressure amid a big shift in online buying habits

Township shops ‘bear brunt of unfair practices’ by dominant SA retailers

Spaza shops in townships are disappearing as a result of the infiltration of the formalised retail players, says independent buying group head

Regulator to challenge Lewis victory in club fees battle

National Credit Regulator will appeal against the judgment that customers were not forced to be members when applying for credit