Time is up for Green's Arcadia

摘要

Landlords are expected to be among the last in the queue for cash following this week's collapse of two of the UK's biggest high street names.Sir Philip Green's Arcadia group fell into administration on Monday evening, sparking the collapse of rescue talks between JD Sports and Debenhams on Tuesday - Arcadia was the department store chain's largest concession. Debenhams is now in liquidation and has begun the process of closing its 124 stores.