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KM Financial Solutions | U.S. landlords, retailers play hardball as mall rent collections plunge
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U.S. landlords, retailers play hardball as mall rent collections plunge

10 May U.S. landlords, retailers play hardball as mall rent collections plunge

Posted at 05:00h in News by
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Tapestry Inc Chief Executive
Officer Jide Zeitlin has been negotiating lower rents for the
company’s Coach and Kate Spade stores for more than a month,
using the brands’ power to draw in U.S. mall traffic as leverage
in tough talks with landlords.

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