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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.

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.