Sun, Feb 1, 2015, 5:53 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Nordstrom Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • becarefulwhatyoupay becarefulwhatyoupay Nov 21, 2008 8:46 PM Flag

    What I would Do If I was Nordstrom's

    Nordstrom is a completely different concept and culture than Dillards. Nordstrom is about mid to higher priced merchandise, balanced between fashion forward and basic, with an intense focus on customer service and two sale events per year. Nordstrom store furnishings, display units, flooring, lighting etc... is all top drawer.
    Nordstrom has relatively few stores, because suitable prospective locations are rare and finding qualified store employees is a challenge. Nordstrom typically opens a new store with all management personel and some sales floor people all having prior experience working for Nordstrom.
    Dillards is a mid priced store concept with worn out looking cheap display fixtures, branded concepts shops within the store, and floor sales help with little to no experience. Dillards is a completely different from Nordstrom. The two stores have practically nothing in common.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Thanks for that Information, but I am not saying that DDS is to be the surviving Concept

      I'm saying JWN should buy up the DDS chain to get the valuable store locations and expand the JWN concept

      I was not aware of the higher quality sales associates, but don't you think JWN can upgrade the DDS personnel

      Let me know, I got no argument on who has the better concept, I just see JWN needing to get bigger to survive and getting rid of another competitor, even if it is down the JWN scale

      You can put a Piano in a DDS store and tidy the place up a lot cheaper then building new

      • 1 Reply to bird_calls_rar
      • Actually, Nordstrom would be better off with fewer stores.
        Since its inception, the company's policy has always been to fill new stores with as many Nordstrom veteran experienced employees as possible. This way the service culture of the company remains intact. However, with opening as many stores, as Nordstrom's has done in the past ten years, it's been a challenge to maintain that policy.
        However, as a public company, Nordstrom does feel compelled to open new stores to show significant topline sales growth.So, management tries to balance the business of maintaining its culture of customer service while also opening a moderate number of new stores.
        Also, Nordstrom has a rigid demographics criteria for selecting new store locations. If an area doesn't have a relatively large population of high income consumers, it is not a good location for a new full line Nordstrom store. Most of Dillards locations do not fit this criteria.
        Finally, one component of Nordtsrom business that doesn't get discussed much on this message board is the company's Rack Division. In recent years this has been a bright spot for the company's overall business performance. Rack store counts are growing, and with that comes buying power of branded closeout merchandise, which is a profitable retailing niche.

 
JWN
76.20-2.07(-2.64%)Jan 30 4:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.