Even Starbucks Wants to Cancel Rent

  • By cvbizz
  • May 14, 2020
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Starbucks is negotiating rents after poor sales

One of the biggest problems facing independent restaurant owners is the fact that, though governments have mandated shutdowns or limitations of service, rent is still due. Though some landlords have been forgiving, many are asking for full payments regardless of sales. So the multi-billion dollar international corporation is following in tenants activists’s footsteps and demanding their landlords cancel the rent.

According to Restaurant Business, Starbucks is asking landlords of its company-owned stores (which

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