Third quarter data showed that seniors housing move-ins are rising as more residents become vaccinated, with occupancy rising in both segments from July through September.
Dessert shops and other prepared food sellers are less in need of, and can less justify asking for, rent relief than soft goods and other nonfood retailers.
Five SaksWorks locations will open next month in New York and Saks has indicated plans to expand the concept to Los Angeles, Seattle, Philadelphia, and Boston.