The Arcadia Group

Viewing 5 posts - 1 through 5 (of 5 total)

Author

Posts
November 25, 2011 at 9:46 am #53446

wrexview
Participant

The Arcadia Group run by Sir Philip Green are to close 260 stores across the country. They run three in Wrexham BHS, Topshop and Dorothy Perkins. Let’s hope the Wrexham stores make a profit as it is those non-profit ones facing the axe!

November 25, 2011 at 10:43 am #55131

Mike
Participant

With two of those stores located in the meadow I’m not sure town centre traders will be all that bothered. That said, better to have a thriving economy one way or another!!

November 25, 2011 at 12:37 pm #55128

Rob
Participant

I think they said they wouldnt be renewing leases on a few when they come up for renewal.

3-4 year leases renewing this year and next , would Wrexham come under that?

If any big stores go I am sure business rates would be reduced?

November 25, 2011 at 5:55 pm #55129

wrexview
Participant

The site of the BHS store was owned and maybe is still owned by the Council. If they do still own the site they would be in the position of revising a lease to reflect the current trading climate.

November 27, 2011 at 10:56 am #55130

wrexview
Participant

Another company under pressure with shops in Wrexham is Thomas Cook. The 200 million loan secured on Friday only buys time. Some restructing it seems will follow.
Author

Posts

Content is user generated and is not moderated before posting. All content is viewed and used by you at your own risk and Wrexham.com does not warrant the accuracy or reliability of any of the information displayed. The views expressed on these Forums and social media are those of the individual contributors.
Complaint? Please use the report post tools or contact Wrexham.com .

Viewing 5 posts - 1 through 5 (of 5 total)