AutoZone has submitted a Business Rescue Plan to its creditors. Picture: MISA.
Its Business Rescue Plan proposes a number of structural changes aimed at ensuring a successful rescue process. The retailer currently has 214 wholly-owned branches and 33 member-owned branches throughout Southern Africa. The Motor Industry Staff Association said it would continue to participate in the process in order to protect the interests of its members who are affected by the proposed layoffs.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Major South African solar provider stops trading, enters business rescueThe company has also laid off an undisclosed number of employees.
Fuente: mybroadband - 🏆 11. / 67 Leer más »
Another major company in South Africa enters business rescueA major player in South Africa’s blossoming solar industry has entered into business rescue due to cash flow challenges.
Fuente: BusinessTechSA - 🏆 24. / 61 Leer más »
Yet another major company in South Africa enters business rescueSports retailer Cross Trainer has entered business rescue, joining a growing list of high-profile companies in distress.
Fuente: BusinessTechSA - 🏆 24. / 61 Leer más »
Another casualty of weak economy: Cross Trainer enters business rescueThe business owners struggled to maintain payments to some of the 67 stores they own.
Fuente: TheCitizen_News - 🏆 6. / 75 Leer más »
COVID Hangover: Another Major South African Retailer Forced Into Business RescueSouth African and global news updates with a twist. 2oceansvibe is South Africa’s biggest solely owned online news platform with local and world news updates.
Fuente: 2oceansvibe - 🏆 43. / 51 Leer más »
SPAR could save the day for major retailer in business rescueAccording to sources close to the matter, SPAR is considering acquiring debt-laden West Pack as part of its expansion strategy.
Fuente: BusinessTechSA - 🏆 24. / 61 Leer más »