Tuesday, August 11, 2020

J. Crew nixes store closures after $130M in landlord concessions

Retail Dive
J. Crew Group on Monday said that it's received concessions from landlords of its namesake and Madewell stores, including one-time waivers and rent deferrals, adding up to about $70 million in savings this year and about $60 million next year, "assuming sales are in line with projections.". . . more