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Tricky leases

Series: Financial Times ; 20 October 2000, 30(2)Publication details: 2000Subject(s): Summary: Inflexible leases explain Arcadia's decision to close 55 stores in addition to the 400 already announced. In the current climate, retailers require flexibility in accommodation, yet are restricted by long leases with upwards-only rent reviews. IPD UK monthly index graphs.
Holdings
Item type Current library Call number Copy number Status Barcode
News article London News article WB3642-05 (Browse shelf(Opens below)) 1 Available 108929-1001

Inflexible leases explain Arcadia's decision to close 55 stores in addition to the 400 already announced. In the current climate, retailers require flexibility in accommodation, yet are restricted by long leases with upwards-only rent reviews. IPD UK monthly index graphs.