Business
Westfield closes 129 stores run by Mosaic Group over rental dispute – NEWS.com.au
Westfield closes 129 stores run by Mosaic Group over rental dispute
Westfields parent company has closed dozens of shops including Rivers, Noni B, Katies, Millers and Crossroads as a nasty rent spat escalates. Scentre Group, the parent company of the Westfield chain, made the call to temporarily lock down stores owned by Mosaic Brands, leaving more than 400 jobs on the line.
The dispute arose after Mosaic and several other brands either refused to pay rent or only paid a lower rate while COVID-19 lockdowns were in place.
Mosaic chairman Richard Facioni condemn…
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