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Thursday, March 26, 2020

Walmart offers rent relief for in-store partners

Major retailers are looking to ease the impact of the coronavirus pandemic, offering help and easing financing to their small business partners.
Walmart (NYSE:WMT) is waiving April rent fees for its more than 10,000 businesses that operate within Walmart Supercenters and Sam’s Clubs, including hair and nail salons, optometrists, restaurant franchises, veterinary clinics and banks.
Amazon is meanwhile pausing loan repayments until April 30 for sellers enrolled in its Amazon Lending program, while interest will not accrue during that time.
https://seekingalpha.com/news/3555324-walmart-offers-rent-relief-for-in-store-partners

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