Arcadia is to launch a website dedicated to selling some of the 400 stores it has put on the market.
The aim is to bring greater price transparency to the retail property sector and it the first time any UK retailer has taken such a step. The company believes the move will quicken the disposals.
The site, which will launch on October 1, will also publicise areas in which the UK’s second largest fashion retailer would like to open.
Financial Times 25/09/00 page 28
