Bloomberg Shoprite Holdings Ltd. said rising consumer confidence in South Africa could fuel higher sales growth as the continent’s biggest food retailer increased the dividend and reported market share gains in its home country. The half-year payout to shareholders will be raised by 14 percent, about in line with a year ago, Shoprite said. That followed a six-month period in ...

Bloomberg Dutch vitamin maker Royal DSM NV is finding direct-to-consumer sales good for its corporate health. After years of supplying ingredients to health-food companies, DSM began dabbling with its own range of supplements to sell at retail about six years ago. The growth of the business, called I-Health, far exceeded the company’s hopes, and it’s set to turn over about ...

Bloomberg Never mind being No. 1. Ed Sonshine is too busy trying to Amazon-proof his Canadian shopping-mall empire by turning them into hip urban oases. The chief executive officer of RioCan Real Estate Investment Trust has inked deals to sell 19 assets in the past four months, part of his drive to unload about C$2 billion ($1.6 billion) worth of ...