Submitted on Wednesday 5th June 2019
Rejected on Friday 28th June 2019
Current status: Rejected
Rejection code: irrelevant (see below for details)
Save Topshop, Topman, Miss Selfridge, Dorothy Perkins at Lakeside and Manchester
Intu Properties, which owns Manchester's Trafford Centre and Lakeside in Essex, is to vote against Arcadia's company voluntary arrangements (CVAs) at a crunch meeting of creditors later on Wednesday.
Which would involve steep rent cuts at more than 150 stores, and the closure of about 50 more.
Intu, which counts Arcadia brands as tenants at 35 units, could have sufficient influence to derail one of the seven CVAs on its own. Heightening the anxiety of 18,000 workers about their future employment.
Unless the CVAs are approved, Arcadia who also own Burton, Dorothy Perkins and Miss Selfridge, is likely to collapse into administration as soon as Wednesday evening.
We must sign this petition in hope to save peoples jobs!
Intu Please Approve CVA's to keep our high street shops!
Thanks!
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
18.222.113.135 Thu, 21 Nov 2024 21:12:28 +0000