A pedestrian wearing a protective mask walks past the Macy’s Inc. flagship store in the Herald Square area of New York, U.S., on Tuesday, Nov. 17, 2020.
Victor J. Blue | Bloomberg | Getty Images
On any given day, the line outside the Gucci boutique at the Mall at Short Hills in N.J. winds around the second floor nearly to the escalator.
Among the shoppers waiting to enter are Gucci’s typical clientele as well as new customers who just became $1,400 richer.
“Stimulus has definitely been beneficial,” said Cowen & Co. retail analyst Oliver Chen.