Nordstrom is suffering the same fate as other department stores despite its heavy investment in e-commerce
Nordstrom Inc. invested heavily in e-commerce, didn’t open too many cavernous stores and has been quick to experiment with new types of shopping formats, including stores that don’t carry any clothes.
Yet, it’s suffering the same fate as department stores that innovated less, with year-over-year sales and profits expected to fall for the second consecutive quarter when it reports results on Wednesday. Its stock is the second-worst performing in the S&P 500 retail index behind shares of Macy’s Inc., falling 52% over the...
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sorry, But There's A Good Chance You're Doing Mountain Climbers WrongWhat's the point if you're not doing it right?
Read more »
How Hailey Bieber Applies Pink Eye Shadow Using Just Her FingersThe supermodel shows you how it's done with this new, fingertip-friendly formula from BareMinerals.
Read more »
Rihanna, Kylie, and Dua Lipa's Favorite Shoes Are Finally Back in Stock at Nordstrom.AminaMuaddi has some major celeb fans, and now you can shop at Nordstrom!
Read more »
NFL conditionally reinstates Patriots WR GordonTroubled wide receiver Josh Gordon was reinstated on a conditional basis by the ...
Read more »
Miley Cyrus and Liam Hemsworth Are Reportedly “Hurting” But Not Ready to Give Up On ReconciliationIt’s not over until it’s over.
Read more »
Is It Possible to Become a Mega-Influencer Anymore?As the market becomes more saturated, it's harder to ascend to the same levels of fame and lucrative sponsorships in the field than ever before — but it's not impossible.
Read more »