Guildford
This coverage focuses on Guildford’s role within the UK retail landscape, offering updates on store openings, high street performance, commercial property developments, and consumer trends in the area. Reporting highlights how retailers are adapting to local market conditions, footfall patterns, and regional economic factors — supporting decision-making for retail managers, executives, and operators with interests in Guildford and the surrounding region.
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May- 2019 -13 MayDepartment Stores
Debenhams CVA could cost local authorities £8.5m in business rates
Colliers International has estimated that Debenhams’ CVA could affect up to 59 local authorities, who could lose out on £8.5m of the £17.3m rates bills the department store retailer should have been paying on properties. As part of its CVA proposals, Debenhams had categorised its properties into five groupings and…
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Apr- 2019 -26 AprilDepartment Stores
Debenhams to close 22 stores with 1,200 jobs at risk
Department store chain, Debenhams has announced it is to close 22 stores putting 1,200 jobs at risk. The closures come as part of a revival plan for the department store laid out by lenders including Barclays and Bank of Ireland. Terry Duddy, Debenhams executive chairman, said: “Debenhams has a clear…
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