TITLE

Nordstrom Profit Slips, Rack Shines

PUB. DATE
August 2012
SOURCE
WWD: Women's Wear Daily;8/10/2012, Vol. 204 Issue 29, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the finances of department store Nordstrom following the second fiscal quarter of 2012. Topics include president Blake Nordstrom's explanation for the success of the company's off-price store chain the Rack, why an increase in sales led to declining net earnings, and how a partnership between Nordstrom and British fashion retailers Topshop and Topman will improve the company's image with young consumers.
ACCESSION #
79793029

 

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