Retailers No Longer Asking for Help

Mall operators across the country were getting requests for rent relief during the economic downturn, but in a sign of possible recovery, the requests have mostly dried up.

1 minute read

June 27, 2010, 11:00 AM PDT

By Tim Halbur


John Bemis of Jones Lang LaSalle Retail in Atlanta says that requests are down 90%. Other retailers interviewed by Retail Traffic Magazine agree, and say that demand for retail space is growing steadily.

Elaine Misonzhnik writes, "While sales are not exactly robust, same-store sales have been much healthier in 2010 than they were a year ago. In addition, cost-cutting measures that retailers implemented in 2008 and 2009, such as lean inventory strategies and reductions in head counts, have also aided retailers."

Friday, June 25, 2010 in Retail Traffic Magazine

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