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Physical retail has been decimated during the current crisis. It is no wonder; stores across the country were closed for months at a time earlier this year, and some remain shut even today. That accelerated the already dominant trend away from physical retail and into digital channels, with those retailers that failed to adapt left behind.
One such example of a company that is in the midst of a digital transformation is The Children’s Place (PLCE), the nation’s largest pure-play specialty retailer of children’s apparel. I’ve been bullish on the stock