|Day's Range||40.79 - 42.26|
|52 Week Range||35.01 - 62.82|
|PE Ratio (TTM)||19.68|
|Dividend & Yield||1.48 (3.63%)|
|1y Target Est||N/A|
Nordstrom Inc. has elected a board member with extensive experience in the online world to help improve its e-commerce offerings. TaskRabbit CEO Stacy Brown-Philpot is replacing longtime board director Enrique Hernandez Jr., who announced he would not be seeking re-election to the 12-person board in February. TaskRabbit is an online and mobile company that matches laborers with people who need help with everyday tasks, including cleaning, moving, delivery and handyman work.
Comparable-store sales declined at every department store chain in the U.S. last quarter. But profitability has been surprisingly resilient across the sector.
Earlier this week Starbucks experienced a technology glitch that shut down its payment system in various stores. A failure like this could have cost the coffee shops millions of dollars. Think about it. If you owned a store and couldn’t accept payment for whatever you sold, what would you do?