diff --git a/db/migrate/20200623140437_fix_preferences_keys.rb b/db/migrate/20200623140437_fix_preferences_keys.rb
new file mode 100644
index 0000000000..3f024ee278
--- /dev/null
+++ b/db/migrate/20200623140437_fix_preferences_keys.rb
@@ -0,0 +1,16 @@
+class FixPreferencesKeys < ActiveRecord::Migration
+  def up
+    unmigrated_preferences = Spree::Preference.exists?(['key NOT LIKE ?', '/%'])
+    return unless unmigrated_preferences
+
+    new_preferences = Spree::Preference.where("key LIKE '/%'")
+    new_preferences.delete_all
+
+    Spree::Preference.update_all("key = '/' || key")
+
+    Rails.cache.clear
+  end
+
+  def down
+  end
+end
diff --git a/db/schema.rb b/db/schema.rb
index e2ec79428a..d166fdfd3c 100644
--- a/db/schema.rb
+++ b/db/schema.rb
@@ -11,7 +11,7 @@
 #
 # It's strongly recommended that you check this file into your version control system.
 
-ActiveRecord::Schema.define(version: 20200508101630) do
+ActiveRecord::Schema.define(version: 20200623140437) do
 
   # These are extensions that must be enabled in order to support this database
   enable_extension "plpgsql"