News Formal

Foot Locker accused of using ‘economic muscle’ to avoid paying rent | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Foot Locker accused of using ‘economic muscle’ to avoid paying rent – sanzscript reports.

Foot Locker on Grafton Street in Dublin: the retailer sought to have over €519,000 in rent written off. Picture: Fergal Phillips

Foot Locker is trying to use its “economic muscle” to avoid paying rent owed to its landlord during pandemic-related shutdowns, the Court of Appeal has heard. The sportswear retailer is attempting to overturn a High Court order made last year relating to rent owed during the Covid-19 pandemic. It argued that the lease for its Grafton Street store was partially frustrated as a result of closures during the restrictions on retailers’ trading.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Willie O’Reilly: The only way is up for the price of streamed entertainment | Business PostIt’s the golden age of online TV and film content, but networks like Netflix and Apple TV will soon be looking for a better return on their investment
Source: businessposthq - 🏆 8. / 71 Read more »