• auctusgroup

Department stores have some financial flexibility

Nordstrom and J.C. Penney have the liquidity to make it through eight months of store closures while others including Macy's and Kohl's can withstand five months, according to a Cowen & Co analysis. All four retailers have taken steps to conserve cash, including suspending planned dividends and share buybacks. Full Story:CNBC(3/27)


0 views

Recent Posts

See All

Retail Update for 9/4/2020

Grocery Chain LIDL Plans to Open 50 New Stores on East Coast by 2021 Dick's Sporting Goods Reports Record Earnings, 194% Increase in E-Commerce Sales Target reported a 24.3% increase in total digital

  Auctus Investment Group, 2018                              DRE# 01072454

disclaimer:  listings are from public commercial real estate internet exchange