Originally Posted by
percy
Canada is proving the be very successful.
The 40 year promotion has been very successful too.
However,margin compression continues,as does competition.
Also I take it as a warning,[sensible] .;"Negotiations of existing leases,renewals and refurbishments remain a key priority for the business."
I feel this year's Christmas trading will be the test of whether MHI will survive, or manage to put the fizz back into the bottle.
the statement about leases can be read two ways. I read it as suggesting they are looking for better terms as other retailers are negotiating (eg, KMD referenced this). so an opportunity, rather than a risk?
Reply With Quote
Bookmarks