For retailers, it is key to be prepared before, during, and after times of crisis. As retailers across the globe navigate the current coronavirus (COVID-19) crisis, they are dealing with having to close their doors if deemed nonessential, monitoring the safety and well-being of their employees, evaluating their liquidity, and preserving their cash position.
Looking ahead, retailers should remain focused on monitoring changes to operations and when states start to allow businesses to reopen, evaluating supply chain, and maintaining customer loyalty.
Some additional key considerations that retailers should bear in mind include:
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This presentation was part of the Morgan Lewis M&A Academy webinar series.