Generally accepted accounting principles dictate that rent expense should be shown on the financial statements of a business as a consistent amount from month to month. In accounting parlance, that's ...
In an effort to survive the financial fallout of the coronavirus pandemic, thousands of New York City restaurateurs entered into a perilous agreement with their landlords: deferring rent in the hopes ...
TravelCenters of America LLC, a truck stop and travel center operator, today reported a jump in revenues and profits for the third quarter, the first quarter in which the Westlake company has deferred ...
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Erika Adams is the former deputy editor of Eater’s Northeast region, where she covered Boston, Philly, D.C. and New York. Based in Boston, she has spent years covering the local restaurant industry.
Despite all the pre-pandemic talk of a "retail apocalypse," many of these once-healthy chains have never been in a distressed situation. The continued presence of Covid-19 is highlighting a reality ...
AUSTIN, TX — Texas is one of the states where residents are deferring rent payments amid spread of the coronavirus, a new study shows. The respiratory illness pandemic has upended life for millions of ...
An icon in the shape of a lightning bolt. Impact Link The US rental market hasn't fallen apart despite the massive disruption caused by the coronavirus pandemic, but it's not the same as it was in ...