Nordstrom continues to perform well
According to the Wall Street Journal, Nordstrom continues to perform well, defying the pattern displayed by other department stores. Speculations resurfaced about possible privatisation of the company, after a 20% rise in the retailer’s share price. Nordstrom is an excellent example of a brick and mortar retailer who mastered the ‘digital path to purchase’ model. Their online sales are growing, but so are their over the counter sales.