It was hardly the golden age for department stores before the rise of COVID-19, but the pandemic raised significant questions regarding the future of these stores. So we took a look at two of the most popular department stores across four different states, Kohl’s and Macy’s, to see how both their nationwide and state recoveries were going.
Gyms were one of the first sectors to close among the spread of the pandemic, and rightfully so. But, as the economy begins to reopen across the country and gyms are permitted to open again, how will they perform? With most people working from home and creating their own “at-home” gyms, will the sector be able to bounce back?
It’s no secret that the restaurant industry has been hit hard by COVID-19 and it will take a significant amount of time for many to bounce back to normal levels under ongoing restrictions. In fact, many thought that the combination of the pandemic and already struggling brands could signal serious problems for sit-down chains.
One sector that could be very well positioned for a coronavirus comeback is the Off-Price retail space. Although the current situation puts these retailers in a compromising position, if pre-corona performance is any indication as to how these retailers will bounce back after the economy re-opens, these brands can quite possibly come out the other side with a positive outlook.