US: Nordstrom plans e-commerce push as Q4 surges
By Leonie Barrie | 22 February 2013
Upscale department store retailer Nordstrom Inc has posted a 20% jump in fourth-quarter profit, but said investments in e-commerce and expansion of its Nordstrom Rack stores would impact profit in the year ahead.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
US: Nordstrom lowers FY outlook despite Q2 profit
Despite posting a higher profit in its second quarter, upscale US fashion retailer Nordstrom Inc has lowered its full-year forecast on an expected drop in sales.
US: Brand names rise up footwear purchasing priorities
Footwear retailers must match their strengths to the purchasing priorities of their target customers if they want to engage them in the shopping process, according to new research.
How do the Bangladesh safety pacts measure up?
Unveiling a new five-year plan to improve worker safety at the factories in Bangladesh that produce their clothing, North American brands and retailers were keen to stress the similarities between their own initiative and a separate scheme backed by 70 mainly European companies. That said, there are considerable differences too.
Market research related to this article
Nordstrom | Verdict Company Briefing
A new one-stop destination for unique data and opinion on Nordstrom's offer. Targeted at retailers, and stakeholders of the department store chain, we assess its performance, strategic direction and provide Verdict's view on its future....
Menswear in the United States
Menswear in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). The profile also contains descriptions of the leading players including ke...
Womenswear in the United States
Womenswear in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). The profile also contains descriptions of the leading players including ...