Tuesday 30 October 2018

Mattress Firm to landlords: Drop (rents or your store is) dead

Mattress Firm’s landlords have a tough choice on their hands. They can slash rents on hundreds of stores throughout the country and keep the embattled mattress retailer, or find new tenants. CEO Steve Stagner told Mattress Firm’s landlords on a conference call earlier this month that the Houston-based chain would have to vacate their stores if the existing terms remained, according to Bisnow. “I want to be clear that we are only asking for what […]



source https://therealdeal.com/2018/10/30/mattress-firm-to-landlords-drop-rents-or-your-store-is-dead/

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