Primark places gagging orders on some landlords amid rental negotiations
Primark has reportedly agreed to pay a select group of landlords ahead of June’s quarterly rent day, but has asked some recipients to sign non-disclosure agreements (NDAs).
The fashion retailer is in talks with landlords ahead of reopening stores across England on June 15 and the next quarterly rent day of June 24, and is understood to have agreed payments in a number of cases.
However, according to The Times, Primark has asked some landlords across the 189 stores it operates in the UK who will receive payment to sign NDAs.
Subscription content
Please sign in now if you have a subscription or are already registered with us.
Register for free to continue reading
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
- Two free article views per calendar month on Retail-Week.com
- Detailed analysis of current trends and events
- Exclusive newsletters
- In-depth reports, videos, interviews and much more
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.