Just a quick interview discussing the Macy's earnings beat. They are and will always be a dog - but the beat is part of a larger recovery in retail. Problem is, online can't replace the total volume of sales lost from store closings.
The broader message here is the pent up demand once we can get past the virus. While the stock market today is living on stocks that either help firms cut costs, cut people, or mainly sell online - the economy can’t run “online” forever.