Retail Is Coming Back Without Having To Make Sweeping Changes

The coronavirus pandemic has finally loosened its grip on retail, and the recovery looks a lot like a return to normalcy.
From the initial outbreak through the holiday season, it seemed as if the pandemic had accelerated pre-existing trends in retail, possibly spelling doom for long-struggling sectors. But even as online shopping has remained strong enough to drive profit explosions for the largest retailers, department stores and sit-down chain restaurants have seen meaningful growth in foot traffic in the past two months, data firm Placer.ai reports. The data comes on the heels of similar improvements from suburban shopping malls in April.
Dillard’s and Kohl’s have almost recovered…

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