JD Sports stops paying rent to landlords
JD Sports has become the latest store chain to stop paying rent to its landlords as the high street lockdown has a devastating impact on fashion retailers.
JD confirmed that it had not paid the quarterly rent for its 390 UK stores which was due last week. The retailer is understood to be in discussions with its landlords about the next bill, which is due in June.
Read the full article on The Guardian.