Monday, August 19, 2013

It's hard to find new positive things to say about Nordstrom (NYSE:JWN). This high-end retailer has long stood out from the crowd with its sharp-eyed merchandising, high inventory turns, flexible operating model, and above-average returns on capital. Couple that with a still-growing Rack store concept and e-commerce opportunities, and it's hard to ever get too negative on this company. On the other hand, Nordstrom's excellence has been well-known for years and this second quarter shows that even well-run retailers can struggle to make headway in the face of a tougher consumer spending environment.

Follow this link for more:
http://www.investopedia.com/stock-analysis/081913/nordstrom-shows-even-best-can-struggle-bit-jwn-m-oxm-sks.aspx
19 Aug 2013

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