Debts hold AutoZone in chokehold

Company opts for business rescue stating that it is in ‘financial distress’

Second-hand luxury market is booming

Investment potential and demand for unique or vintage pieces are behind the surge in sales

WATCH: Pre-owned jewellery and watch sales rise in SA

Business Day TV spoke to co-founder of Luxity, Michael Zahariev

Sars pursues Woolworths over David Jones deal

The dispute between the revenue service and Woolworths relates to services Woolworths acquired to help it execute an equity bridge facility and a rights offer

CHRIS GILMOUR: Green shoots as retail sales continue their upward trend

While the 0.6% uptick is nothing to get excited about, it is the third consecutive month of growth

Dis-Chem enhances IT security after data breach debacle

In annual report, company also expresses concerns about the National Health Insurance

Mr Price changes the way it pays staff

Retailer is replacing model of basic salary plus benefits with total cost-to-company remuneration

Clicks to dispose of shareholding in Unicorn Pharmaceuticals

Clicks Group CEO Bertina Englebrecht welcomed the resolution of the protracted legal process

H&M sinks on doubts about margin target and June sales drop

Poor weather in many markets is part of the reason for the sales decline

Former Pick n Pay CEO Pieter Boone gets R16m golden handshake after failed strategy

The retail group has dangled a huge incentive for new CEO Sean Summers to turn the ship around

Rainbow Chicken aims to rebuild business after making JSE debut

CEO Marthinus Stander aims to rebuild the chicken and feed businesses as best in class

Takealot bets on subscriptions to lock in customers

Many business have shifted their models towards recurring revenue, driven by subscription services

LVMH chair Bernard Arnault buys stake in luxury rival Richemont

The size of the shareholding in the owner of Cartier jewellery and Arnault’s intentions are unclear, report reads