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Working Capital: Macy’s, Burlington, Nordstrom, Asos Move to Drum Up New Funds

Thank you for joining Sourcing Journal & industry leaders at our SOURCING SUMMIT NY, as we discussed the most pressing issues of the day. View the Summit on demand through Jan. 2, and stay tuned for the upcoming Companion Report.

With cash flow cut off as physical stores stay shuttered indefinitely, retailers are looking for ways to build working capital so they can purchase inventory for when brick-and-mortar is expected to be back in business for the second half of the year. E-commerce revenues drive a fraction of the sales that happen in stores, making…

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