Sale-Leasebacks Generate Cash — and Right Now, Retailers Need It

In response to the onslaught of supply chain issues, labor shortages, inflation and rising interest rates, many retailers have embraced an asset-light strategy, employing the time-tested sale-leaseback to generate cash. The biggest example right now: Activist investors holding a 9.5% stake in Kohl’s want the department store chain to pursue a sale-leaseback program.