ARTICLES BY THIS AUTHOR
- 3/30/2020
Lidl’s U.S. expansion continues with opening of new distribution center
Lidl has opened a regional distribution center to support its growing U.S. footprint. - 3/29/2020
Lamy Group: Rents coming due pose critical test for landlords and tenants
With most stores closed throughout much of the United States to help stem the spread of COVID-19, retail landlords are being inundated with requests for rent relief. - 3/29/2020
Publix offering free rent to tenants in its company-owned centers
The dominant grocer in Florida is offering assistance to some of its neighboring businesses as the COVID-19 pandemic forces them to temporarily close their doors. - 3/29/2020
ICSC wants 90-day restraint on commercial loan obligations underlying industry
The International Council of Shopping Centers is sounding the alarm as mandated closures create a growing and major threat to the continuity of cash flow between tenant, property owner and commercial lender. - 3/29/2020
Stage Stores furloughs all but 80 employees; reduces exec pay
With all its stores temporarily closed, Stage Stores has furloughed virtually its entire workforce in response to the COVID-19 crisis. - 3/29/2020
Kohl’s furloughs store employees; CEO forgoing salary; cuts cap expenditures
Kohl’s is joining Macy's Inc. in furloughing a good deal of its workforce and cutting capital expenditures as it extends store closings in the wake of the COVID-19 outbreak. - 3/29/2020
Dollar General gives discount to first responders; employee bonuses
Dollar General Corp. is giving a discount to the folks on the frontlines of fighting the COVID-19 pandemic. - 3/29/2020
Gap Inc. furloughs store employees; exec team takes pay cut
Gap Inc. is extending its store closures past the previously announced April 1 date to help slow the spread of COVID-19.