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A retail lease is a kind of commercial lease in premises that are wholly or predominantly used for retail shop businesses. These leases attract additional protections under the law, so it is important to choose what type of lease the business is entering into.
The Aaron's Company, Inc. is an American lease-to-own retailer. The company focuses on leases and retail sales of furniture, electronics, appliances, and computers.
Rent-A-Center's operations include 24 retail installment stores called Get It Now (based in Wisconsin ); [5] 17 Home Choice stores in Minnesota; and approximately 1,359 Acceptance Now kiosks housed within retail partner stores throughout the United States. [6]
When the lease program rolls out nationally next week, Sears will become the first major retail chain to offer one.
Erewhon plans to use 18,000 square feet of the vacant building's 24,000 square feet and lease the additional space to "complementary tenants" after a remodel.
The accounting profession recognizes leases as either an operating lease or a capital lease (finance lease). An operating lease records no asset or liability on the financial statements, the amount paid is expensed as incurred.
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