This petition was submitted during the 2017-2019 parliament
Rejected petition 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.
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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!
This petition was rejected
Why was this petition rejected?
It’s about something that the UK Government or Parliament is not directly responsible for.
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