Opinion: How retailers and landlords can restore faith in CVAs

Melanie Leech

With Arcadia Group becoming the latest high street retailer to pursue a CVA to close stores and slash rents, retail landlords are increasingly reaching the end of their tether. British Property Federation boss Melanie Leech outlines how the gulf between retailers and landlords can be closed

Arcadia has unveiled plans to shut 23 stores as part of a CVA arrangement, becoming the latest in a string of high-profile retailers to make such a proposal. When taken in context with similar proposals from Debenhams, Cotswold Outdoor and Paperchase, the relationship between landlords and retailers is as strained as it has ever been.

BPF boss Melanie Leech suggests ways that CVA proposals can be made more fair and equitable for retailers and landlords, and help repair their fractured relationship in the process.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

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.