Is Coronavirus Killing Nordstrom?
Both Nordstrom and TJX (NYSE: TJX) succeeded by cashing in on income inequality. To explain, Nordstrom markets to the growing upper classes, while TJX sells to the cash-strapped working class.
Read More
Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
How is Nordstrom Making Money?
Why is Nordstrom Making Money?
America will soon no longer be a middle class nation which is good for Nordstrom. There are more Americans with the money to shop at Nordstrom than ever before.
Bizarrely Nordstrom is a deep discounter, it just is not as public about it as TJX (NYSE: TJX) which operates TJ Maxx. Unlike TJX; which brazenly runs its stores like a giant bargain basement, Nordstrom is a quiet discounter.
Read More