For Retailers, A Catch 22 Today Means Liquid Assets for Tomorrow
I read recently in the Wall Street Journal that as of May, retailer Bed Bath & Beyond had $1.64 billion in cash and short-term treasuries, and expects to generate at least another $600 million by February. Nationwide, non-financial businesses had approximately $1.85 trillion in liquid assets as of June. That’s pretty good, I would say. …