The 450-store chain, with more than 10,000 staff, has asked landlords to switch to controversial turnover-linked rent contracts.
Daily Mail Business Articles
Pubs and restaurants help economy grow by 6% in July
Growth figures due out on Friday are likely to confirm the economy’s rollercoaster ride this year – with a violent swing into and out of a deep slump.
HAMISH MCRAE: Post-Brexit Britain must stay a magnet for talent
Hong Kong citizens are coming to the rescue of the London property market – and they are coming here to live, not just to buy properties as an investment.
STOCK WATCH: Owzat! Rose Bowl’s Ageas becomes a takeover target
Listed Belgian insurance giant Ageas that sponsors the home of Hampshire cricket in Southampton – the Rose Bowl – could once again be a takeover target.
Pret A Manger boss plans to sell food and coffee beans in supermarkets
Pret A Manger chief executive Pano Christou says Pret cannot simply wait for offices to fill up again: the company has to change – not its customers.
Harold Tillman steps up legal battle over Jaeger collapse
The former owner of fashion chain Jaeger has escalated his bitter legal battle against Lloyds Bank and one of Britain’s best known financiers.
John Lewis may put Waitrose in its iconic Peter Jones store
The strategic review of the iconic London shop is part of a wider overhaul of John Lewis stores and website which is being driven by the recently arrived chair Sharon White.
ALEX BRUMMER: Row explodes at miner Rio Tinto
When the miner slashed the financial rewards of key executives over the
destruction of ancient Aboriginal rock shelters, it hoped it would be the end of the matter. That has not proven to be the case.
London Capital & Finance scandal: 13 sued, including ex-minister
Almost 12,000 investors lost £237m when LCF went bust in January 2019. It sold savers mini-bonds and promised their money would be invested in low-risk loans that would deliver steady returns.
Debenhams’ warning over deserted city centre stores
Chairman Mark Gifford said his firm needed to see a strong recovery to keep stores in Edinburgh, Leeds and central London open long-term.