Friday, May 15, 2020

Citing pandemic, Starbucks asks landlords for year's worth of rent breaks | Just The News

See the source imageCiting pandemic, Starbucks asks landlords for year's worth of rent breaks | Just The News
"Multinational coffee roasting company Starbucks is asking landlords for a year's worth of rent concessions in order to help shore up its finances during the economic crisis wrought by the coronavirus, according to a company letter that leaked this week. 
...The company cited what it called the "staggering economic crisis" of the coronavirus pandemic. 
Chief Operating Officer Roz Brewer in the letter referred to the economic calamity as "the worst recession since the Great Depression and far more devastating than the global financial crisis" of 2008...
Read all.

No comments: