Tag: rent

Nordstrom will pay only half of its rent for 2020

Nordstrom is the latest retail tenant to fall out with its landlords. According to reports, the upscale department store chain has informed the owners of its off-price Rack and namesake stores that it will only pay half of its remaining 2020 rent costs. On Friday, President of Stores Jamie Nordstrom wrote to landlords stating that comps would be used […]

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