High street stalwart WHSmith hinted that its network of shops is set to shrink as it noted that 480 leases will expire in the next three years and that “we only renew a lease where we are confident of delivering economic value”.
Boss Carl Cowling told the Standard that there will likely be closures, but that the company also hoped to negotiate lower rents to keep stores open as demand for retail space falls.
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Esta historia es de la edición November 09, 2023 de Evening Standard.
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