Retailers get rent relief as they battle the pandemic
January 12, 2021
Some landlords are improving lease terms for retailers and other tenants as the pandemic continues to negatively impact operations across the U.S. “People are worried about empty stores and worried about traffic in their malls,” said Saul Burian, managing director at investment bank Houlihan Lokey. “Some are even worried about hitting thresholds of vacancies that could have other consequences either with respect to other tenants, or with respect to their debt.”
Recent News
Hyundai Joins List of Brands To Halt Advertising on X Due to Antisemitism Concerns
Hyundai pressed pause on advertising on X following reports that one of its ads appeared next to an antisemitic and pro-Hitler post on the social media platform.
Popeyes Adds Menu Hack Double Stack Sandwich in the UK
Popeyes, the Louisiana chicken chain, continues to expand its menu offerings in the UK. Known for its Cajun breakfast and spicy Buffalo chicken options, the fast-food brand has now introduced a new item: the Double Stack Sandwich.
JCPenney Announces a New Rewards and Credit Program
This new program could potentially return half a billion dollars to America’s families.
Starbucks Improves Its Iconic Cold Cup
The company aims to further its commitment to be a resource-positive business.