Department Stores weathered a tumultuous two years—from Covid-19 quarantine orders forcing the closure of locations and shifting all sales online, to the impact of stimulus payments in the peak of the recovery. With fears of a recession and inflation squeezing discretionary spending, Earnest Analytics clients wanted to know:

• Which department stores are gaining market share in the post-Covid economy?
• How did Covid-19 stimulus checks impact sales trends in recent years?
• Where do department stores stand in retaining customers compared to pre-pandemic?