‘Retailpocalypse’ Has Ended: Buy Macy’s, Evercore Says
- Retailers are figuring out digital era in critical turn
- Department stores are back in the firm’s good graces
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The "retailpocalypse is over."
That’s per Evercore ISI, which extended the firm’s bullish view beyond the fashion, athletic and luxury brands that it covers to also include "the broader softlines universe, including even department stores and specialty retailers."