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Retail’s COVID-19 Strategy? Hoard Cash to Ride Out Virus Storm

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Cash is king—and at this moment more so than ever as fashion firms rejigger operations, recalculate capital expenses, cut costs and keep payroll afloat now that stores are temporarily out of the equation. Fashion empires, retailers and mall operators alike are taking important steps to review the far-reaching impacts of a coronavirus pandemic whose havoc…

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