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C+CT

Keep sales out of leases altogether, some retailers have said

June 2, 2021

Even as more retail leases take on percentage rent clauses in the wake of the pandemic, some retailers don’t think sales should factor in to leases at all.

“The concept of tying rent to gross sales is antiquated,” Ulta Beauty vice president of...

By Brannon Boswell

Executive Editor, Commerce + Communities Today

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