, Columnist
Retail's Trump Rally Is More Hope Than Change
Even helpful policies, if they happen, won't solve structural problems.
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A curious thing is happening to America's struggling retailers: Shares in department stores and specialty retailers have bubbled up since Election Day, outperforming even the broader market, which keeps hitting all-time highs.
This marks a drastic change from the past year, in which plunging store traffic and the ongoing consumer flight to e-commerce weighed down shares of the country's worst-performing store operators.