Consequently, I think Nordstrom is slowly becoming less competitive. That is dangerous because two dangerous direct retailers, Walmart (NYSE: WMT) and Amazon (NASDAQ: AMZN) are making blatant grabs for Nordstrom’s customers.Read more
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
The demographics indicate that Nordstrom’s customer base is growing and that those customers have more money. This retailer is in a very enviable position given America’s current state but is it a good investment?Read more