High debt is counterproductive as we see in J.C.Penney, Neiman Marcus, Nordstrom, Hudson's Bay and others. Retailers must have the flexibility to act on new ideas.
from Forbes Real Time https://www.forbes.com/sites/walterloeb/2018/03/15/high-debt-may-be-the-downfall-of-j-c-penney-neiman-marcus-nordstrom-hudsons-bay-and-others/
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