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Tag: cowen

US department stores can make it up to 8 months with stores closed: Cowen

With stores temporarily shut due to the coronavirus pandemic — and a slim-to-zero chance of opening in the near future — America’s department stores are facing a cash crunch.  Department store chains have enough liquidity to make it about five to eight months, with their stores sitting dark, in this coronavirus pandemic, according to an …

US department stores can make it up to 8 months with stores closed: CowenRead More