Comment on Retail rent negotiations about to get messy

Retail rent negotiations about to get messy

Retailers and landlords are locked in an awkward dance as April rent comes due.Major chains including Mattress Firm and Subway have told landlords they will postpone or slash payments in coming months. Mall operators say they expect to be paid.Best Buy, meanwhile, plans to pay rent, with the possible exception of locations it was forced to close.The situation is messy, in large part because no one knows when it will end.Cash-strapped retailers are stuck with lease obligations, while landlords have to pay their lenders, who in turn are looking to the federal government for help.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News