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60-second Retail

The New Retail Store Rationalization Strategy – Part 1: The Evolution of the Retail Lease

21 Aug 2023

Description

In part 1 of our mini-series dedicated to the new retail store rationalization strategy, we explore how the retail lease has been shaped by variables such as the pandemic, shifting consumer behaviors and economic whirlwinds.What did leases look like pre-pandemic and how does that compare to now? What important areas should retailers focus on when negotiating the restructure of a lease?Tune in to this episode of 60-second Retail to hear Ross Forman, Managing Director in the Workplace Operations & Strategy Group at BDO USA, discuss how the retail lease has evolved alongside the changing retail landscape and what retailers should consider when looking to restructure.

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