Retailers and landlords lock horns over lease sales revenue clauses
March 25, 2021
Landlords are negotiating leases with retailers that include lower guaranteed monthly rates but come with revenue sharing based on a store’s sales. While this seems like a good way to minimize the hurt in bad times and share the wealth in good, the two parties are finding trouble defining a sale at a given location, considering the role that stores now play in online fulfillment.
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