Taubman Centers, one of the largest owners of malls in the United States, is demanding rent from tenants even though their properties are shuttered during the coronavirus pandemic.
An upcoming webinar hosted by Chain Store Age will provide practical and actionable insights on how retailers can meet e-commerce, delivery and mobile challenges presented by the COVID-19 pandemic.
As the COVID-19 pandemic continues to dominate headlines worldwide, businesses in nearly every industry face fresh challenges each day, many of which will impact operations in the weeks and months to come.
With its stores temporarily closed, Urban Outfitters said it will suspend the payment of rent temporarily and delay or cancel some planned new store openings.