Covid-19 lockdown: Tata Starbucks seeks rent waiver for three months - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Covid-19 lockdown: Tata Starbucks seeks rent waiver for three months

The coffee chain wants to reduce fixed operating expenses till consumption in the sector improves. Industry experts are of view that the coffee chain is trying to nudge the landlords, and if this doesn’t work, it will seek relief under ‘force majeure’ clauses as some other restaurant chains, retailers, and multiplexes have done.

from Industry-Economic Times
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