CVAs – a symptom of the changing face of retail
Insolvency Bitesize - November 2018The High Street is in a state of transition as it continues to find its place among the ever-growing choice of online, mobile and virtual reality shopping channels now available to the consumer. Distressed retailers are increasingly looking to use Company Voluntary Arrangements to deal with their store portfolios.
We’ve taken a look at recent retailer CVAs to see how they have treated landlords and we have identified some key steps they should take now, as well as highlight the major warning signs of tenant liquidity issues.
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