• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Greedy landlords...

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Greedy landlords...

    House of Fraser attacks 'greedy' landlords

    House of Fraser has criticised "greedy landlords" that are resisting new owner Mike Ashley's attempts to cut rents on the store chain's 59 outlets.

    Earlier this month the Sports Direct owner bought the retailer for £90m after it collapsed into administration.

    It has been seeking to cut rents in an attempt to prevent stores from closing.

    The British Property Federation criticised Sports Direct, saying one party cannot "cry 'unfair' in the media when it doesn't get what it wants".

    https://www.bbc.co.uk/news/business-45328727


    #2
    On the basis that Ashley has already said he won't pay any supplier invoices which pre-date his takeover, I have no sympathy for the greedy (insert expletive of your choice) tenant...
    His heart is in the right place - shame we can't say the same about his brain...

    Comment


      #3
      If I was the supplier I would not have agreed to supply him ever again, same for landlords - let him sell trainers in the House of Frazer...

      Comment

      Working...
      X