(English) Auditing Shows That Two-Thirds of Retailers Misreport Sales to Landlords, Reveals The Lamy Group

MANDEVILLE, La., Feb. 26, 2021 /PRNewswire-PRWeb/ — At a time when valuations of disfavored retail real estate are plummeting because of declining sales at many physical stores, almost two in three retailers have been found to make errors in reporting sales to landlords, with a majority of those errors resulting in underreporting, said Kenneth S. Lamy, founder and CEO of Mandeville, Louisiana-based <a target="_blank"…