Turnover rent is a rental agreement calculated in relation to the income & other receivables generated at the leased property. While turnover-based rent in the retail industry is nothing new, recent events – namely the Covid-19 pandemic – have exacerbated rising trend of retailers turning to this kind of lease
Tag: Rent
Report: Rent the Runway cites warehouse system in service issues
Get great content like this right in your inbox. Subscribe The fashion rental pioneer is reportedly facing widespread complaints of late and missed deliveries. According to an article original published Sept. 24 on Recode, within the past week or so hundreds of customers have been posting about canceled deliveries and