When you sign up a lease agreement you sign up to
3-5 years and that is your commitment to that part of the lease.
that will be part of your on going expenses and each year
that part of the cost will get deducted from operating expensive
nothing un-usually in retail if you don't own the properties
if they close down too many stores then they still need to meet that lease contracts unless they can find replacement tenant but they aren't about to do that...
most stores are profitable just not as high as they predicted in the prospectus
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operating lease commitments????, page-2
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