Author: Ethan Chernofsky

Unsurprisingly, malls were hit especially hard by COVID with visits declining dramatically in the spring before beginning a slow comeback to normalcy in May and June. Yet, there are real reasons to believe that the sector could see a strong revival in 2021.

Grocery was one of the stronger performers throughout the pandemic, and there is real reason to believe that sector could be heading into an extended period of strength.

As a result of the pandemic, there has been a significant shift happening in major cities with many, if not most, seeing an exodus of residents. This has led some to speculate that the impact on city-oriented retail could be especially severe.

In this Placer Bytes, we dive into the recent recovery data from pharmacy leaders CVS and Walgreens and analyze their potential in the coming months.

When looking at the pandemic’s impact on restaurant performance, there was a clear distinction between sit-down restaurants and QSR players. The latter group saw a significant boost from existing strength in takeaway, drive thru and delivery.

While the headlines were hardly related to their offline performance, AMC Theatres and GameStop moved to the forefront with their latest stock market news.

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