Word: kmart
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Shaw’s Supermarket, which is located adjacent to Kmart in the shopping center, is also leasing its space from Harvard...
...court statement, Harvard’s legal team accused Kmart of failing to pay tens of thousands of dollars in maintenance charges on time. The filing also cites the store’s “continued sale of groceries” in violation of the lease...
During Kmart’s bankruptcy, Harvard attorneys engaged in negotiations to buy the lease for up to $2 million, Kmart executives told The Boston Globe on Friday. Kmart’s spokesman Stephen Phenani confirmed the statement but declined to comment further...
...Kmart rejected all of the University’s offers, holding on to the lease and the Allston location...
When the two parties failed to reach an agreement, “[Harvard] started pursuing every trick they could to kick Kmart out of the store,” the executives told the Globe...