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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (40312)11/29/2010 2:47:47 PM
From: E_K_S  Read Replies (1) | Respond to of 78751
 
Hi Arthur -
Re: SMRT

Any idea if the company has renegotiated any of their 261 retail store leases? Some of the other retailers were able to accomplish this.
investors.com

From the article:"...Some retailers are quietly renegotiating leases or asking for better terms at renewal.
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"...Mall owners and operators are hard-pressed to say no these days. "Space is there for any potential tenants who want it, and the landlords are trying to get as creative as possible to accommodate them," says Ryan Severino, an economist with the real estate tracking firm Reis...."

If this is a possibility for SMRT, then there is even more reasons to own this stock.

EKS