By David Parsley2019-07-29T07:23:00
Primark is pushing for rent cuts of up to 30% across dozens of stores in a bid to bring its property costs in line with high street rivals that have used company voluntary arrangement to close stores and slash payments to landlords.
The budget fashion confirmed it is in discussions with landlords over lower rents on properties where lease contracts are coming up for renewal.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.