Thursday, April 9, 2020

Nordstrom warns financial situation could become distressed because of coronavirus-related store closures

CNBC
Nordstrom said its financial situation could become distressed if its stores stay dark for much longer because of COVID-19.

The retailer’s assessment of this crisis is one that many are likely dealing with, as businesses that sell nonessential goods such as apparel, shoes and luggage have reached an almost complete standstill. . . . more