UK Department Store Group Debenhams Requests Five-Month Rent Freeze
PYMNTS
MARCH 16, 2020
Troubled British department store chain Debenhams is asking for relief from landlords for five months of rent as it anticipates trouble from the ongoing coronavirus scare, according to a report by the Financial Times. Debenhams is responsible for about 250 million pounds ($306 million) a year in rent and bills.
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