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Dolcis asks landlords for monthly rents

Footwear retailer Dolcis has written to landlords asking to pay monthly rather than quarterly rents, after a tough second quarter. According to chief executive John Kinnaird, Dolcis, which is paying about £16 million annually on rent for its 70-strong chain, has embarked on a turnaround plan. It has drafted in design agency 20/20 to overhaul the business and develop a new store concept.