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Landlord Tenant Law

Surviving the Retail Shift

Part One: Manage Expectations and the Legal Process

So far this year, more than 3,200 retail stores have closed their doors. While this is certainly not the end of brick and mortar retail, owners and managers of shopping centers faced with dark stores and mounting receivables are asking "now what?" This article is the first in a five-part series.

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Retailers are closing thousands of stores at a breakneck pace —€ so far this year, more than 3,200 retail stores have closed their doors. Numerous big box anchor tenants have closed hundreds of underperforming stores across their portfolios, and long-time staples such as The Limited and Bebe have shuttered almost every one of their stores. While this is certainly not the end of brick and mortar retail, owners and managers of shopping centers faced with dark stores and mounting receivables are asking “now what?”

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