23-10-2020 15:21 via chargedretail.co.uk

UK retailers’ rents could soon be based on online sales

Retailers which have seen their online revenues skyrocket during the pandemic could see their rents shoot up under a progressive new leasing model.
Under the newly proposed model, which is being explored around 50 major retail landlords, retailers’ rents would be based on in-store sales, footfall, and online sales for the first time.
According to the CACI, which devised the new model, rents would take into account footfall, boosts to online sales after a store opens, the value of items bou
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