Department stores and their investors are anticipating a great holiday season at their properties after a pandemic-long slog.
Pre-pandemic, there was a fairly widespread sentiment against the continued value of the department store. And with news around store closings and bankruptcy proceedings dominating headlines in the last year and a half, it's clear that the pandemic hasn't done the sector any favors, according to a recent report from Placer ai.
Yet, the tide does appear to be turning with key trends working in the sector's favor ahead of the holiday season.
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