• 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)


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