In an uncertain landscape, retail businesses look for financial flexibility

The retail business thrives on predictability. When orders are being filled, deliveries are running on time, prices are stable and consumer demand is steady, retailers are well positioned for success. However, the ongoing pandemic and erratic shifts in consumer purchasing behavior have created an increasingly uncertain retail environment. From runs on paper goods at the local store to plant shutdowns halfway around the world, retailers are facing mounting worries and scrambling to adapt their business…