Find in the news:
BY COUNTRY

Victoria's Secret sued for an abandoned store in NYC



A mall owner has sued Victoria's Secret, saying the company closed the store without paying rent.
Victoria's Secret store

The problems of the famous brand of women's underwear began long enough. The pandemic coronavirus only exacerbated them, forcing the company's management to take extreme measures and save money. In particular, a massive closure of stores and layoffs began.

It has now become known that the company has left one of its stores in Westfield's World Trade Center in midtown Manhattan refusing to pay off rental debt. In this case, Victoria's Secret referred to the clause in the contract. The tenant has the right to terminate the agreement prematurely if the landlord cannot keep 75% of the stores in the mall open and working for more than 12 consecutive months.

As a result, the mall owner sued the company. According to Business Insider, the lawsuit says there were no violations of the said clause, and therefore the retailer "had no right" to terminate the lease. Westfield estimates his losses at $30 million, which he is now seeking through the courts.

Representatives from Victoria's Secret refused to comment on the situation. 

More about shopping malls in the USA



YESTERDAY, USA:
The 6,000-square-foot outlet is the brand's first full-size store in years.
YESTERDAY, USA:
McDonald's is going to roll out the new practice to its 13,460 restaurants in the United States.
DAY BEFORE YESTERDAY, USA:
The launch of the new set is the first McDonald's McNugget Buddy in more than 25 years.
DAY BEFORE YESTERDAY, Italy:
Primark will open in Turin, Livorno, Cosenza and Salerno.
Nov 29, 2023, Italy:
The interior of the bar reflects Milan's iconic symbols and modern elements.
Nov 29, 2023, USA:
Friend
and Follow
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
AEON MALL Okinawa Rycom GLA:839 585 SF
ADDRESS: 901-2300 Tochi-kukaku seirichinai Awase, Kitanakagusuku Village, Nakagami District, Okinawa
Japan . Ginowan
AEON MALL Okinawa Rycom
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us