Friday, January 29, 2021

Occupancy costs plagued non-essential retail tenants in 2020

For retail renters and landlords in 2020, there was little middle. Grocery and essentials providers like Walmart, Lowe’s, and CVS grew their businesses during the pandemic and widened their distribution channels on the web and in parking lots. Fitness, apparel, and cinema chains, meanwhile, struggled to pay the rent. . . more