I expected something like this to happen sooner or later. Local shops are really struggling (as dancing james said), so it was clear that Evans would, too. It doesn't sound terminal (yet), but they'll probably have to close quite a few shops.
but they'll probably have to close quite a few shops.
In article;
"However, it is not thought to be considering a company voluntary arrangement (CVA) - a form of rescue deal that would allow it to shut stores and slash rents without going bust."
I expected something like this to happen sooner or later. Local shops are really struggling (as dancing james said), so it was clear that Evans would, too. It doesn't sound terminal (yet), but they'll probably have to close quite a few shops.