Macy's credits speedy vaccinations, pandemic relief for Q1 rebound

Retail Dive

As previously noted by several observers, some people are ready to leave behind the sweatpants they embraced while stuck at home during the pandemic. Macy’s is benefiting.

“In all, Macy’s appears to have managed through the challenges of the pandemic, but continues to face what we see as structural traffic headwinds in the channel,” Telsey Advisory Group’s Dana Telsey said in a Tuesday client note.

To view the full article, please click on the following link:

Visit Content