by Kirk Morgan | Sep 9, 2017 | OAG News
Don’t believe the hype — physical retail is still growing, particularly in three key segments. Retailers are opening 4,080 more stores in 2017 than they are closing, according to a new research report from IHL Group, and they plan to open over 5,500 more in...
by Kirk Morgan | Jul 14, 2016 | OAG News
EAST LONGMEADOW, Mass., July 13, 2016 — Many retail CFOs are seeing that occupancy costs as a % of sales have grown significantly in the last few years and are seen as a major obstacle to achieving the profitability targets CEOs desire. According to Paul Kinney,...
by Kirk Morgan | Mar 1, 2015 | OAG News
Retailers might soon be forced to recognize a higher lease liability on their balance sheets. John Meedzan of Technology Management does a great job explaining: The Financial Accounting Standards Board (“FASB”) and the International Accounting Standards Board...
by Kirk Morgan | Apr 30, 2014 | OAG News
Why can’t my internal accounting team perform my lease audit? Because lease auditing is a real estate function, not an accounting issue. You need the knowledge and experience necessary to uncover and successfully recover variances from real estate industry standards....
by Kirk Morgan | Aug 28, 2013 | OAG News
Ahhh, the joys of managing leases. It’s like herding cats through a field of mice sometimes. Even though I’m a “dog guy”, we have 2 spoiled, lovable cats that I sometimes think were landlords in a past life, only without the opposable thumbs, Bluetooth device and...
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