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CNA placed in business rescue

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The chain has failed to pay its landlords and suppliers in recent months, while facing weak consumer demand 🔒

BL PREMIUMStruggling stationery and books retailer CNA has been placed in business rescue, director Olinka Nell said on Tuesday.

CNA, which has about 160 stores, has failed to pay its landlords and struggled to sell stock as it faces weak consumer demand and intense competition from other retailers, as well as companies that sell stationery directly to schools. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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CNA has been placed in business rescueThe chain has failed to pay its landlords and suppliers in recent months, while facing weak consumer demand 🔒
Source: BDliveSA - 🏆 12. / 63 Read more »

CNA has been placed in business rescueThe chain has failed to pay its landlords and suppliers in recent months, while facing weak consumer demand 🔒
Source: BDliveSA - 🏆 12. / 63 Read more »