Re: Taters

["Jean and Bruce Livingston" <jeanlivingston@turbonet.com>]

To explain the mall's motive, the usual mall rental agreement includes a
structured, variable rent, that increases based on a [variable] percentage
of the store renter's gross income.  As[suming] the gross income of the
renter increases, the money owed the mall by the renter (based on the
chosen rental percentage) increases above a cerrtain pre-determined minimum
rent payment.  Seemingly the mall believes that another tenant will either
bring in greater volume, hence rent, from Taters itself, or will draw more
shopping prone customers to the mall who will increase sales in other
stores in the mall more than the current/former customers at Taters.  

Bruce Livingston
----------
> From: Don Roskovich <donell@moscow.com>
> To: joank@moscow.com
> Cc: vision2020@moscow.com
> Subject: Re: Taters
> Date: Thursday, February 17, 2000 11:15 PM
> 
> >Joan....There was an article in the Weekend edition of the Daily News
last
> Saturday that explained the closure of Tater's at the Mall.  Clayton was
> forced to close Tater's after 20 years in business....it was not his wish
to
> do so.  Right now the mall management is negotiating for a chain with
"name
> recognition" for that spot, and if the rumors are true, we will soon have
an
> A&W similar to the one in the Lewiston Mall. "Name recognition" is
desired
> in the hopes it will increase foot traffic.
> 
>                                  Ellen A. Roskovich
> 
> 
> 
> 
> A business close to Taters states that Clayton does not want to 
> >close but is being forced out because the PEM wants to get a 
> >chain restaurant in the mall. Does anybody know about this? And if 
> >it's true, do we really need another chain in Moscow when Taters 
> >has been so successful and supported by the town since they 
> >opened so many years ago?
> >
> >Joan Klingler
> >Moscow Idaho 83843
> >joank@moscow.com
> >208-882-8853
> >
> >
> >