The future of mall merchants – bankruptcy



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In a letter from the Bulgarian Chamber of Commerce to Prime Minister Boyko Borissov, he insisted on the complete restoration of the activities of the shopping centers. Since the beginning of the state of emergency, only pharmacies, bank offices and supermarkets have been operating there.

“In closed stores, we are forced to pay rent and service fees,” Stefka Takeva, a representative of a chain of stores that has stores in shopping malls, told BNR.

According to her, there is currently no option to negotiate when stores open, for example, in a month.

The correspondence has been going on for two months with the managers of the shopping centers, who offer deferred payments to the merchants once their activity begins again.

“Institutions must defend us. We give a lot of people bread,” Takeva said, noting that you could think, for example, of reducing the garbage tax and the construction tax, which are also being billed at the moment.
“When our stores are closed, at least we shouldn’t have costs for the site itself,” he said.

At the moment, only 2 shopping malls in Sofia have agreed not to pay the rent, but they want the full amount of the service fees, Stefka Takeva said.

For the business to restart, there must be adequate conditions after we open, she believes.

According to her, for most merchants the prospect is bankruptcy.

“There are those who cannot afford it and have reoriented themselves to look for shops on the streets,” Takeva admitted.

“Some sites prefer to send their employees to the stock exchange because the 60/40 measure does not work when their store is closed and they have no income,” he explained.

Regarding the general air conditioning and ventilation system in shopping malls, Takeva believes that the state should have established requirements for a change in this direction as an anti-epidemic measure and this should have happened during the period they were closed.



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