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TODAY! NEW STIMULUS BILL 4th Stimulus Check Stimulus Package Update Unemployment PUA $2,000 Checks
Storefronts across America are finally starting to see a boost in sales, thanks in large part to the $1,400 stimulus checks sent out to eligible Americans in the American Rescue Plan.
Macy’s CEO Jeff Gennette recently explained: “When we all look at what happened with the stimulus package, you know that’s been an accelerant to our business. It’s a big difference from where we were in the fourth quarter and in 2020.”
Foot Locker Chairman and CEO Richard Johnson also stated: “It’s the perfect time of year, we’re getting into springtime, you know there’s stimulus money and there’s tax refund money [out there]. W]hen our customers got money in their pockets, they’re out shopping whether it’s digital clicks or it’s in the malls where they’re open.”
Johnson also said: “The one thing that I’m really confident of is that people aren’t going to go back to wearing what we used to call dress shoes. Look to comfort both in apparel and footwear as being one of the key things that stick with us after the pandemic.”
It’s great to see Americans freely spending money once again, and I hope that by stimulating the market with…