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Originally Posted by tvout
I read that Debenhams and Clinton Cards were struggling? Also that PC World and Dixons were in masses of debt?
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The only reason these companies are considered to be heading for trouble is their current high debt to assets ratio
Debenhams is actually quite strong, as it owns most of the properties from which it operates, it owns very little of the stock, most of the sales are from concession operators
Therefore they receive at least some income from the concession operator based on their sales volume
The downside is that the concessions can withdraw at any time