The Michaels Cos. reported a better-than-expected third-quarter performance, driven by strong demand in its stores and online, where sales surged 128%.
The Kroger Co. reported a third-quarter profit that blew past Street expectations as it launched more than 250 store-brand items, its most ever for one quarter.
For years, Phillips Edison’s national accounts and emerging trends team has been doggedly cataloging new trends in its neighborhood retail centers, but not as dogged as during COVID-plagued 2020.