What did #Macy's do right that #Sears and so many other stores did wrong?

Wait a minute, you think the pandemic was good for the retail industry? #Macy's ($M) can close non-profitable stores when there's no pandemic going on.

I reckon the department store industry was struggling from competition with online channels like Amazon as well as discount retailers. The pandemic just aggravated the situation to a grinding halt. It would, in a way, be quite helpful for the industry I believe. As the industry would be looking to make several changes, with #Macy's closing several non-profitable stores and so on.

Thanks for the amazing read. I wonder #Macy's $M could face some pressure but with its substantial real asset base could provide a floor to the stock price. What levels do you think should be appropriate to enter and in particular which stocks look attractive, not just with respect to solvency but valuation and moat?

Any updated thoughts on #Macy's? $M

I can't argue with that. #Amazon has really put a hurt on a lot of retailers like #Macy's and other department stores. $AMZN $M