Leveraging the Pandemic
COVID-19 has dealt a crushing financial blow to the retail sector, sending more shoppers online and slashing foot traffic even in reopened stores. Retailers have responded by conserving cash in any way possible, including by paying only a fraction of their rent — or in many cases, no rent at all. The situation is slowly improving, but many companies are still behind, much to the chagrin of individual renters who don't have the luxury of not paying up. Here are just a few of the retailers butting heads with their landlords during the pandemic.
Related: 15 Ways the Coronavirus Has Changed Americans' Daily Lives