Fmr. Toys R US CEO Storch expects double digit holiday sales

The video discusses the retail sector's recovery post-pandemic, highlighting unprecedented sales growth. It identifies winners like Walmart and Amazon, while department stores face long-term decline. Supply chain issues and inflation are impacting retail, but major retailers are managing to maintain inventory and pass on price increases to consumers.

In what ways has inflation impacted the retail sector according to the text?

What strategies should retailers adopt to manage price increases effectively?

Discuss the long-term outlook for department stores based on the information provided.