A concession or concession contract is the granting of rights, land or property by a government, local authority, enterprise, natural person or other legal person. [1] Sometimes the interdependence between owners/stores and their concessions is such that when the mall or business collapses, the concession (which can sometimes be national) and its employees suffer. Concession contracts generally define the duration of operation and insurance requirements as well as fees. Payments to a property owner may include site rent, a percentage of the proceeds from the sale, or a combination of both. Additional expectations can also be set out in the agreement. For example, the agreement may determine which of the parties is responsible for utilities, maintenance and repairs. If the transaction is contrary to the concession agreement, your chances of obtaining damages depend on your registration of sales, claims, changes in commission rates, introduction of new lines, number of visitors, marketing efforts and events, advertising, including your efforts and success in the development of the brand. Brands should carefully consider ways to terminate a concession in the event of a collapse or takeover and change of control of the store and the rights and obligations of either party. Online shopping is growing faster than ever and retailers need to find a sustainable way to compete.

The collapse of House of Fraser raises serious questions about the viability of traditional and internet businesses that rely on concessions to promote their products in shopping malls and malls. In the private sector, the owner of a concession – the concessionaire – usually pays either a fixed amount or a percentage of the income to the owner of the business from which he operates. [2] For example, concessions within another company are concessions in sports establishments and cinemas, as well as concessions in department stores operated by other retailers. Short-term concessions can be granted as advertising space for periods of one day only. From a legal point of view, the concession relationship is somewhere between a lease-tenant relationship and a supplier-retailer-merchant relationship. Contracts can be up to 200 pages long (including annexes). The concession contract includes certain aspects of leasing, employment, co-branding, intellectual property and data protection issues. The relationship between the brand and the store is obviously not purely legal. Concession contracts are sometimes used to exploit other nations. For example, in the nineteenth and early twentieth centuries, foreign countries and companies forced China to grant various concessions. These concessions have given foreign companies the right to develop and operate railways and ports in China.

In addition, citizens of other countries often enjoyed extraterritoriality as part of their concessions. Extraterritoriality meant that foreign laws and courts would settle disputes between Chinese and foreigners in concessions. Of course, the decisions of these courts have tended to pit Chinese businesses and consumers against …