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TFG has been the hungriest retailer around in recent times. And thanks to some well-timed deals, it’s a strategy that may just be reaping rewards for CEO Anthony Thunstrom.

In the past three years, TFG has spent R2.7bn on three big deals: snapping up Jet from the carcass of Edgars, buying the Tapestry Group (which includes Coricraft, Volpes Linen and Dial-a-Bed) and, a few weeks ago, buying footwear firm Street Fever...

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