US department stores and working capital crunch

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Mar 2020
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Published by TMFGemHunter on 26 March 2020


US department stores and working capital crunch
US department stores and working capital crunch


Department stores already faced plenty of challenges -- most notably, ever-rising competition from e-commerce and off-price retailers -- before the COVID-19 pandemic started to sweep across America. Now, with non-essential businesses forced to close and many consumers at risk of losing their jobs at least temporarily, their problems have multiplied enormously.


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