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.
Bu hikaye Evening Standard dergisinin November 09, 2023 sayısından alınmıştır.
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Bu hikaye Evening Standard dergisinin November 09, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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