Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals
Retail TouchPoints
MAY 29, 2020
The initial stock-up period at the beginning of the pandemic tapered off in April as customers sheltered in place. The company entered 2020 with $850 million in cash reserves, and has plans to save $500 million in operating expenses, capital expenditures and working capital during fiscal 2020. Costco posted a 7.3%
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