Nordstrom Profit Slips, Rack Shines

August 2012
WWD: Women's Wear Daily;8/10/2012, Vol. 204 Issue 29, p2
Trade Publication
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.


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