|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||48.77 - 49.84|
|52 Week Range||37.79 - 54.00|
|PE Ratio (TTM)||19.04|
|Forward Dividend & Yield||1.48 (3.03%)|
|1y Target Est||N/A|
Yahoo Finance’s Seana Smith speaks with Michelle Girard, chief US economist at NatWest Markets, about the retail sector’s impact on the jobs report.
In the competitive apparel sector of retail, e-commerce is expected to reach over 40 percent market share over the next five years, bringing in $200 billion in sales, according to a Morningstar analyst. "Despite beliefs to the contrary at many apparel retailers, U.S. consumers do not appear to value a brick-and-mortar presence," analysts Bridget Weishaar wrote in a Morningstar report released Friday called Stocks in Fashion 2018: Dressing for an Amazonian Storm. Amazon is the largest disruptive force in e-commerce and Weishaar said she thinks the company will do with apparel what it has done with books, toys, electronics, office supplies and is in the middle of doing with groceries.
In February 2018, Nordstrom Inc (NYSE:JWN) released its most recent earnings update. Generally, the consensus outlook from analysts appear fairly confident, with earnings expected to grow by 31.58% in theRead More...
The Zacks Analyst Blog Highlights: Diageo, Dollar General, Papa Murphy's Holdings, Nordstrom and Macy's
Zumiez (ZUMZ) shares fell in the after-hours trading after delivering lower-than-expected earnings in fourth-quarter fiscal 2017, despite solid top-line trends.
Nordstrom (JWN) announced plans to relocate a Rack store to the latest location in the Sugar House Shopping Center, in Salt Lake City. Also, the company is progressing well with its customer-based strategy.
There's little upside for brick-and-mortar retailers despite a rally by department store stocks, says Mark Tepper.
The inability of traditional retailers and brands to meet the needs of consumers has created a huge opportunity in the market. Young, new brands are taking advantage of that and the way they think and talk about their businesses is very different than the companies that came before them.
The Nordstrom family has been looking to take the company private for months now. Last week, its $8.4 billion offer was rejected. With one big caveat, the notion of taking the company private should ultimately be a really smart move.
As the Nordstrom family continues to work on a deal to buy back its company, the retailer is experimenting with digital and in-store offerings. The board of directors is waiting for the family to come back with a higher offer after its initial proposal was deemed "inadequate," the Seattle Times reports. Ron Friedman, partner at corporate accounting and advisory firm Marcum, told the Seattle Times that the Nordstrom family would be a formidable opponent for any third-party bidders.
Nordstrom’s challenge in the current environment is simple – be ahead of the thundering crowd with innovative ideas that will attract customers and create excitement. Such initiatives are already taking hold.
Home furnishings have never been a major focus for Nordstrom, but the upscale retailer is introducing several new brands in 2018.
Invest the time now to establish essential habits of customer service excellence at your company. You can then sit back and, to a large extent, watch your business drive itself. See how Zappos, Nordstrom, and Virgin follow this approach–and how it can work for you.
The founder's family wants to take the company private, but its recent opening bid was clearly subpar -- at least in the board's view.
Job growth rocketed higher in February, climbing by 313,000 and easily outpacing Wall Street analysts’ estimates for growth of around 200,000. Stocks jumped in pre-market trading as investors started to ...
Jobs growth came in way above expectations, helping put a positive spin on the market early Friday. Much of the growth came in places where investors tend to like seeing it though retail also climbed a lot. Wage growth was a little less than in January, which could help reduce inflation worries.
Nordstrom disappointed short-term speculators this week, rejecting the latest buyout offer, but the stock could still confirm a new uptrend.