Britain’s second-largest independent greeting cards chain is preparing to join the army of retailers which have taken a contentious CVA route to slashing rents and closing shops.
Read the full article on the Sky News website
NAM Implications:
- Given the growing resistance to CVAs by landlords…
- …best budget for a 50% reduction (disposals) in store numbers.
- i.e. much less will not solve any problems…
- …but may convince landlords that Clintons are serious…