Quote:
Originally Posted by 1andrew1
I agree that private equity severely crippled the business helping its demise. But there's no legislation planned to stop a retailer selling its freeholds or being over-burdened with debt.
Selling off the freeholds is exactly what Kingfisher did with Woolworths before it demerged the company.
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I did mean there was legislation for their shoddy practices in general rather than that one in particular and I think the EU and US are going to be particularly hard on them in 2021 and it is long overdue