What happened to the retail apocalypse?
About a year ago, we were doing a lot of stories about a retail apocalypse — online shopping leading to the destruction of department stores, malls, anything built out of bricks and mortar. Fast forward to this year and things couldn’t be more different. In the last few weeks, we’ve seen strong quarterly results from everyone from Target to Tiffany. Tuesday morning, Best Buy joined the crowd with strong results of its own. What’s behind all this retail strength, and what might it mean for job growth?
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