The Great Retail Reset: How The Pandemic Helped Fix The Retail Industry

The Covid-19 pandemic was supposed to deliver a knockout punch to department stores and specialty retailers. Instead, many of them are bouncing back healthier. Profits are exceeding 2019 levels at companies ranging from Macy’s Inc. to Ralph Lauren Corp. Dozens of chains restructured through bankruptcy or worked to shed money-losing locations and now have stronger balance sheets. Read more at The Wall Street Journal.