Tuesday, February 21, 2017

Nordstrom’s big, beautiful stores are losing ground

The downtown Seattle Nordstrom store is one of the company’s more than 100 full-line stores, which are seeing changes in spending habits.  (Erika Schultz/The Seattle Times)For many years, Nordstrom has been regarded as a poster child for how traditional retailers should respond to the rise of e-commerce.

But, as the past year has shown, even Nordstrom isn’t immune from the larger forces rocking brick-and-mortar retailers these days, with department stores hit particularly hard.

While Nordstrom’s total sales have risen over the past year, its profits have not.. . . more

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