- Barrons.com•37 minutes ago
Second, we believe that deep-value retail (the combination of off-price and fast fashion retail) will grow from 20% of industry sales to well over 30%. The transition to e-commerce and deep value has already disrupted store productivity, eroded profitability, and perhaps most important, shifted the marginal productivity of capital investments. Historically high return on invested capital (ROIC) investments in mall and strip center real-estate assets are shifting toward significantly lower-ROIC technology investments with rapid depreciation cycles.
- American City Business Journals•15 hours ago
Adding to an already busy year of leadership movement at Seattle-based Nordstrom, the company's chief information officer has now announced his plan to retire from the retailer this fall. Dan Little joined Nordstrom in 2002 and became chief information officer three years ago. "It was always my intent to spend the next several years continuing to build on the technology foundation we had in place and then eventually hand over leadership so I could then retire from the company," he said in an email.
- American City Business Journals•17 hours ago
Nordstrom Inc. has made big moves in the first few weeks of 2017 that could shape the rest of the Seattle-based retailer's year. Coming off a year of layoffs and declining sales , Nordstrom (JWN) lost two executives but created a new leadership position with the hope of improving the performance of Nordstrom's full-line stores. To start, Kumar Srinivasan left Nordstrom Jan. 6 after less than a year with the retailer as chief technology officer.
JWN : Summary for Nordstrom, Inc. Common Stock - Yahoo Finance
Nordstrom, Inc. (JWN)
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|Day's Range||43.89 - 44.57|
|52 Week Range||35.01 - 62.82|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||23.52|
|Dividend & Yield||1.48 (3.33%)|
|1y Target Est||N/A|