rent
New Look’s Restructuring Plan Seeks Zero Rent at 68 Stores
New Look is among the high-street retailers seeking to shift rent to a percentage of sales from fixed amounts…
More House of Fraser Stores Could Close Over Rent Disputes
House of Fraser's parent company is looking for a break on rent, given the uncertainty surrounding future…
Bankrupt J.Crew Eyes $130 Million in Rent Relief
The bankrupt chain, which has hammered out new lease agreements with landlords, also faces accusations that…
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Is Fashion Using Bankruptcy as a Lifeline?
While a necessary evil in some cases, bankruptcy should remain the business tool that it is—not become…
Simon Has Now Sued Brooks Brothers and Gap for $74.6M in Unpaid Rent
The nation's largest mall property operator is taking legal action to pry rental payments out of its…
Administration Across the Pond: Bankruptcies Roil British Retail
While the COVID-19 pandemic is forcing many U.K. apparel retailers into administration, distressed landlords…
J.Crew Is Reopening 64% of Stores, But Rent-Seeking Landlords Loom Large
Simon Property Group and Brookfield Property REIT are among landlords still seeking rent payments for the…
Simon Sues Gap for $65.9 Million in Unpaid Rent
Gap is under fire for skipping out on rent owed for its more than 400 stores in Simon malls.
Gap Balks at $115M in Rent Payments as Q1 Cash Dries Up
Liquidity is a growing concern, and Gap warns that if it can't raise funding there could be more layoffs, and…
NYC’s Retail Rents Keep Sliding With Fifth Avenue Taking a Beating
Retail rents are tumbling in Manhattan, especially in the toniest neighborhoods.