Log in
Register
Search
Search titles only
By:
Search titles only
By:
Log in
Register
Search
Search titles only
By:
Search titles only
By:
More options
Toggle width
Share this page
Share this page
Share
Facebook
Twitter
Reddit
Pinterest
Tumblr
WhatsApp
Email
Share
Link
Menu
Install the app
Install
Forums
Law Firm Events
Law Firm Deadlines
TCLA TV
Members
Leaderboards
Premium Database
Premium Chat
Commercial Awareness
Future Trainee Advice
Forums
Aspiring Lawyers - Interviews & Vacation Schemes
Commercial Awareness Discussion
Decline of the high street
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Jaysen" data-source="post: 10891" data-attributes="member: 1"><p>For those who have access to the FT: <a href="https://www.ft.com/content/14571e1a-61d8-11e9-a27a-fdd51850994c" target="_blank">https://www.ft.com/content/14571e1a-61d8-11e9-a27a-fdd51850994c</a></p><p></p><p>If you don't: </p><ul> <li data-xf-list-type="ul">The number of chain-store closures is set to top 1,000.</li> <li data-xf-list-type="ul">More retailers are turning to the controversial Company Voluntary Arrangement (CVA) - I'll likely cover insolvency procedures in a future class/post, but in short, it's an process whereby companies come to an agreement with its creditors (usually leading to a write-off of some debt).</li> <li data-xf-list-type="ul">Companies using the CVA include Debenhams, Arcadia Group, Paperchase and Monsoon.</li> <li data-xf-list-type="ul">Over 900 stores have closed in the past two years including HMV, House of Fraser and Toys R Us.</li> <li data-xf-list-type="ul">Some have argued that retailers are using CVA's improperly, as a means to avoid rent payments.</li> <li data-xf-list-type="ul">Others have criticised the role of private equity firms where high debt and aggressive expansion has contributed to a series of recent retail insolvencies.</li> </ul></blockquote><p></p>
[QUOTE="Jaysen, post: 10891, member: 1"] For those who have access to the FT: [URL]https://www.ft.com/content/14571e1a-61d8-11e9-a27a-fdd51850994c[/URL] If you don't: [LIST] [*]The number of chain-store closures is set to top 1,000. [*]More retailers are turning to the controversial Company Voluntary Arrangement (CVA) - I'll likely cover insolvency procedures in a future class/post, but in short, it's an process whereby companies come to an agreement with its creditors (usually leading to a write-off of some debt). [*]Companies using the CVA include Debenhams, Arcadia Group, Paperchase and Monsoon. [*]Over 900 stores have closed in the past two years including HMV, House of Fraser and Toys R Us. [*]Some have argued that retailers are using CVA's improperly, as a means to avoid rent payments. [*]Others have criticised the role of private equity firms where high debt and aggressive expansion has contributed to a series of recent retail insolvencies. [/LIST] [/QUOTE]
Insert quotes…
Verification
Our company is called, "The Corporate ___ Academy". What is the missing word here?
Post reply
Forums
Aspiring Lawyers - Interviews & Vacation Schemes
Commercial Awareness Discussion
Decline of the high street
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…