Originally Posted by
percy
Take care.
Some very disturbing comments from MAX fashions,with regard to landlords not looking at longer term rent reductions.
Appears the temporary Virus reductions, although positive, do not take into account the ongoing issues ALL retailers face.
I have often stated Mall landlords are near impossible to deal with.They have not faced up to the new retail environment.I expect a great number of retail failures, and a growing number of empty shops.
In the past HLG have often bemoaned excessive rentals,and I expect that has been the big driver of them embracing the online channel,which they are very good at.