America's Car-Mart Announces Consolidation of 60 Stores as Part of Strategic Review
America's Car-Mart (NASDAQ:CRMT) is consolidating 60 stores as part of its ongoing strategic review and efforts to strengthen liquidity. The company cited limited origination capital, prompting the move under a June 19 covenant relief amendment.
Tickers: $CRMT
Topics: automotive finance capital structure liquidity management