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Tag : landlords

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  • Matalan store

    Matalan joins retailers requesting coronavirus rent holidaysSubscription

    News25 March 2020

    Matalan has asked landlords for a three-month rent break to mitigate the economic impact of coronavirus, Drapers can reveal. 

  • debenhams blackpool

    Debenhams moots more rent cuts and closures under CVASubscription

    News23 March 2020

    Debenhams has written to landlords asking them to consider further rent cuts and store closures as part of its ongoing company voluntary arrangement (CVA), in order to avoid launching fresh insolvency proceedings. 

  • julian dunkerton superdry 3 x 2

    Superdry asks landlords for three-month rent break Subscription

    News19 March 2020

    Superdry has written to landlords asking for a three month rent break beginning 1 April, due to the disruption caused by the coronavirus outbreak.  

  • Jigsaw westfield

    Retailers take action on propertySubscription

    News15 January 2020

    Retailers are seizing the opportunity to take “decisive action” on their property portfolios in 2020, say experts, as restructurings and company voluntary arrangements continue to put downward pressure on rents.

  • jigsaw sign 2

    Jigsaw demands 30% rent cutsSubscription

    News9 January 2020

    Jigsaw is the latest retailer to demand rent cuts from landlords in a bid to avoid becoming another casualty on the high street. 

  • Debenhams London

    Debenhams seeks fresh rent cuts Subscription

    News23 December 2019

    Debenhams is seeking fresh rent cuts of up to 25% on around 20 of its stores, in exchange for removing break clauses in the leases.

  • debenhams blackpool

    Landlord appeals Debenhams CVASubscription

    News19 December 2019

    A Debenhams landlord has appealed against a judge’s ruling to close stores, as part of the retailer’s company voluntary arrangement. 

  • Trinity leeds jan

    Landsec swings into a lossSubscription

    News13 November 2019

    Landsec, owner of shopping centres including Trinity Leeds and Portsmouth’s Gunwharf Quays, has announced a loss before tax of £147m for the six months to 30 September 2019. 

  • John lewis oxford street (12)

    John Lewis seeks landlord discountsSubscription

    News4 October 2019

    John Lewis is reportedly seeking discounts from landlords, as it seeks to cut further costs from across the business.

  • next chief executive lord wolfson cropped

    Wolfson: Next cushioned by online 'head start'Subscription

    News19 September 2019

    Next chief executive Lord Wolfson said he is “concerned” for the future of the high street as competitors struggle to survive, but said the company’s online “head start” has helped to boost sales.

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