Retail CVAs are prolonging “inevitable future failure”

// CVAs are delaying “failure” according to Colliers International
// Since 2016, 13 out of 23 large businesses to have launched CVAs have gone on to file for administration
// Some of the most notable retailers to have collapsed after launching a CVA include BHS, Toys R Us, and MothercareCVAs are prolonging “inevitable future failure” rather than helping retailers secure longer-term futures, new research has suggested.
Since 2016, 13 out of 23 large businesses to ha