Americanas began to notify malls where it has brick-and-mortar stores that the rents owed up to the date of granting of the request for judicial recovery, on January 19, will not be paid, due to the effect of suspension of charges conferred by the judicial recovery.
According to the figures on the list of creditors of the retailer’s recovery process, handed over to the Justice of Rio de Janeiro, the company owes R$ 11.6 million to malls spread across different regions of the country.
According to the calculations of the newspaper O Estado de São Paulo, there are around 90 shopping center creditors. The values in the list are not broken down by type of expenses, but probably refer to rents and condominiums.
This week’s statement on non-payment of outstanding amounts is signed by Americanas’ legal coordinator, Bernardo Mesquita Costa.
The report points out that the possible payment of the rent by January 19 “would imply the practice of favoring the creditor”.
The statement also points out that the credits prior to the request for recovery have their enforceability suspended. Payments whose competence comprises the period from January 20 to 31, 2023 will be made throughout this month.
In the list of creditors handed over to the court, the ten largest creditor malls account for almost 80% of Americanas’ outstanding debts with the sector.
The retailer’s biggest debt, of R$ 2.6 million, is with Shopping Pantanal, in Cuiabá (MT), belonging to the Ancar group.
Next comes the Esplanada de Sorocaba (SP) mall, by Iguatemi, whose pending Americanas is R$ 1.6 million.
If this figure is added to the outstanding R$741,000 with Shopping Iguatemi in São Paulo, Americanas’ debt with the group amounts to R$2.364 million.
In third place in the ranking of mall creditors is the AD Group, with R$2.103 million outstanding, referring to the Penha (R$1.170 million), ABC (R$660 thousand) and Praça da Moça malls in Diadema, São Paulo ( BRL 273 thousand).
When contacted, Americanas did not return to the report until the publication of this note.
This week, the president of the Brazilian Association of Shopping Centers (Abrasce), Glauco Humai, stated that the failure of Americanas serves as a warning for the shopping mall industry to constantly seek to diversify the mix of tenants to dilute risks.
“The case serves as a wake-up call. The sector cannot be held hostage by a small base of retailers”, she said, during a press conference.
The president of Abrasce added that he is monitoring the case of Americanas and the potential impact on the sector. According to him, the retailer occupies an important space in malls.
However, this is not a general default situation. In all, Brazil has 628 malls.
Source: CNN Brasil
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