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C+CT

Which retailers skipped January rent

February 17, 2021

After Christmas, the rate at which U.S. retail landlords collected rent dropped slightly, according to Datex Property Solutions.

Story continues below

Movie theater rent collections declined by 44.3 percent from December to January. Hair collections fell by 9.2 percent, and salon collections shrunk by 3.2 percent.

Tenants whose rent payments declined the most from December to January

  • Cinepolis, down 100%
  • AMC, down 85.7%
  • Ann Taylor/Loft, down 45.2%
  • Supercuts, down 20.1%
  • Sport Clips, down 11.3%
  • Applebee’s, down 12.3%
  • GameStop, down 10.32%
  • Chico’s, down 10.27%

Meanwhile, rent collections for fitness tenants increased by 4.2 percent. For office supply,they grew by 3.4 percent, and for restaurants, they climbed by 3.3 percent.

Tenants whose rent payments increased the most from December to January

  • Francesca’s, up 119%
  • 24 Hour Fitness, up 100%
  • Regal, up 68.4%
  • Dave & Buster’s, up 31.5%
  • Pizza Hut, up 33.6%
  • KFC, up 16%
  • GNC, up 15.9%
  • Planet Fitness, up 12.2%

RELATED: December rent-collection data

By Brannon Boswell

Executive Editor, Commerce + Communities Today

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