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Retailers have faced challenges from all angles this year.
As with most predominantly brick-and-mortar retailers, Sur La Table had to implement an almost overnight shutdown of its 130-plus stores at the start of the COVID-19 pandemic in early 2020.
As the economy emerges from COVID-19, tenants entering into leases have the opportunity to proactively negotiate certain provisions in order to better protect their businesses in the event of future pandemics.
Throughout history, human beings have been notoriously bad at predicting the future of technology.
Throughout the past few decades, industries and consumers alike witnessed the emergence of the cola wars, burger wars, and many other memorable brand rivalries.
A few years ago, a national retailer discovered they could save more than $2.5 million annually by making some simple operational changes.