This week we go sans guest and go deep on the latest retail earnings and overall big picture trends–and what they portend for a retail recovery and future winners and losers.

We all knew this quarter was going to be hard to dissect given the crazy comparisons to this time last year where we saw consumers panic buying toilet paper and other items, while many “essential” retailers closed their doors for weeks on end. But what behaviors will persist as we move closer and closer to a largely post-COVID world.

Most notable in last week’s new was how many “experts” got it wrong and how certain categories (home goods, pet supplies) extended their momentum and apparel seemed to spring back to life–or did it?

Beyond taking on the high level perspective, and what it suggests about the second half of 2021, we also dissect earnings from many big retailers, such as Macy’s, Kohl’s, Target and Walmart, and what we need to focus on in the months ahead.

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