Dick’s Sporting Goods, Staples, Petco among the big companies that haven’t paid all or some of April rent
Fed Chairman Jerome Powell explained the Fed’s new round of $2.3 trillion in lending programs in an online forum, but underscored the limits of the central bank’s powers to halt the economic impact of the coronavirus pandemic. Photo: Eric Baradat/AFP
Sure they are. It's not like brick and mortar retail is going so great they'll have strong options to replace them if forced out
Mall landlords are morons. If their tenants go out of business, there is no one taking their place.
Considering the bloodbath their typical anchor tenants have been through even in a strong economy, malls and shopping centers should be damn glad they have any tenants at all, and consider being a bit nicer about it.
They are SCUMBAGS! Mall, Shopping-Center owners can afford to NOT receive rent for an entire year. Covid19 CoronaVirus is showing the everyone among us how DESPICABLE and GREEDY many are; especially here in the USA US America. Instagram Yahoo Facebook Google Gmail NBC
wow unbelievable
I guess the owners just want the shopping centers to be even emptier than they have been the last few years.
Landlords typically don't give a sh*t about your problems.
It seems like any financial institution that is benefiting from the zero to nearly zero interest rates should allow up to four months of deferment of rent or payments due to COVID-19. Governments might want to lower interest rates to the negative range to extend this.