In an article published by the Daily Business Review, Aleida Martinez Molina, Chair of the Insolvency and Creditors’ Rights Practice Group discussed the difficult situation retailers are facing right now. The rise of lawsuits filed by landlords against major retailers over nonpayment of rent will continue to increase. “The coronavirus pandemic has become an impetus to move one segment of the population that commercial landlords and major retailers could traditionally depend upon as reliable shoppers. This segment may no longer be as loyal as they were before the pandemic hit,” she said.
Additionally, Aleida said “this whole experience is showing those older folks who were less inclined to go online that not only is it feasible, doable and fairly easy, but if they are over 65 and have issues and are really concerned about venturing outside of their homes, shopping online is almost a necessity.”
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