When Debenhams filed for administration last week, it wasn’t just suppliers of its stock, who are owed cash, that felt the pain. There are 22,000 jobs at risk if the retailer cannot be rescued and many of its 142 stores are unlikely to reopen, spelling more trouble for British high streets. And there is also a network of landlords who rely on quarterly rent payments from their shops.
get a job
What do they expect? People aren't working.
greed, over valuation of assets all built on (excuse the pun) house of cards. Cant imagine there will be a lot of sympathy swirling around
Yeah my heart is breaking for retail landlords at the minute
They could try making their rents more competitive? The days of brick and mortar stores having bottomless reserves of money for expenses are long gone.
I remember when guardian was leftist newspaper, anyone else remember that?
Serves them right. About time they got their comeuppance greedy fuckers.
No sympathy. These landlords have created boring, nondescript high streets up n down the country - no wonder more n more people shopping in the net.
We are hopeful that Governments will work out some type of legislation that temporarily helps both renters and landlords.
Landlords struggling...boo hoo.
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