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DFS stores owe state $29M
Honolulu Advertiser ^ | Friday, October 4, 2002 | Andrew Gomes

Posted on 10/04/2002 7:01:30 PM PDT by Vidalia

Edited on 05/07/2004 6:18:35 PM PDT by Jim Robinson. [history]

Resort retailer DFS Hawai'i has fallen behind on another quarterly rent payment to the state, raising its delinquency to $29 million.

The DFS Galleria, located in Waikiki, features various shops, a juice bar and coffee shop. The retailer has fallen behind in its quarterly rent payments to the state.


(Excerpt) Read more at the.honoluluadvertiser.com ...


TOPICS: Business/Economy; US: Hawaii
KEYWORDS: dutyfree; economy; hawaii
The company is required to pay rent in advance for three months at a time...

In this stagnant economy, I'd call that a contractual deathwish...

1 posted on 10/04/2002 7:01:30 PM PDT by Vidalia
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To: Vidalia
Boy, you're just full of good news from the hang loose state.....
2 posted on 10/04/2002 7:03:58 PM PDT by anniegetyourgun
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