Shares of Brookfield Asset Management (NYSE: BAM) surged 46.3% in 2021, according to data provided by S&P Global Market Intelligence. Brookfield Asset Management had a great year in 2021. Brookfield also had a great year for growing its fund business.
Shares of Brookfield Renewable Corporation (NYSE: BEPC) plunged 36.8% in 2021, according to data provided by S&P Global Market Intelligence. Meanwhile, the economically equivalent publicly traded partnership, Brookfield Renewable Partners (NYSE: BEP), slumped 17%. On the one hand, Brookfield Renewable had an excellent year in 2021.
Like all retailers, department stores weren't immune to the blow the COVID-19 pandemic dealt. Malls routinely rely on department stores to serve as anchor tenants, drawing in customers and encouraging leasing activity for nearby stores. Now the good news is that some department stores are taking steps to expand their customer base in the new year.