Future of Hemel's Clarks store could be in doubt after closure announcement
and live on Freeview channel 276
Clarks, one of Britain's oldest shoe retailers, is preparing for dozens of permanent store closures, it has been revealed.
According to Sky News, a rescue deal for Clarks led by LionRock Capital is dependent on approval by creditors of a company voluntary arrangement (CVA).
The CVA could involve as many as 50 shop closures and a switch to a turnover rent model.
There is a Clarks store in the Riverside Shopping Centre in Hemel Hempstead.
Comment Guidelines
National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.