“This is a tsunami”: These big retailers stiffed their landlords in May

Bankruptcy looms over some retailers who paid zero percent in May

About 40 percent of national retail chains once again skimped on their rent in May, according to the latest monthly report on collection rates.

Among those are 24 Hour Fitness, AMC Theaters and Pier One, all of which have either announced potential bankruptcy or plans to liquidate assets...

RSK: This is going to be a problem and many will take advantage of it.

- - Volume: 8 - WEEK: 25 Date: 6/16/2020 9:40:04 AM -