Macy's Inc. and Nordstrom Inc. became the latest retailers to lower their financial goals for the year, citing risks of a steeper economic downturn and slowdown in consumer spending.
Jay Sole, retail analyst at UBS, joins 'Power Lunch' to discuss the negative impacts inflation will have on the apparel retail industry during the upcoming holiday season, pointing to difficulties wit

Why Nordstrom Could Be Set To Outperform

09:00am, Monday, 26'th Sep 2022
Nordstrom's stock has slid over 20% since the company's negative Q3 guidance. Management cut guidance on both the top and bottom lines. This is based on falling demand in the last month of the second
Jan Kniffen, J. Rogers Kniffen Worldwide CEO, joins 'Power Lunch' to discuss if it's inevitable to see a slowdown in holiday hiring, what companies could be next to alarm the warning bells and more.
Nordstrom (JWN) reported earnings 30 days ago. What's next for the stock?

Nordstrom Adopts A Poison Pill

07:00am, Thursday, 22'nd Sep 2022
Management did not expect this move, it quickly adopted a shareholder rights plan (also known as a poison pill).
Department store group Nordstrom Inc. has adopted a so-called "poison pill" to ward off hostile takeovers and to prevent investors from amassing 10% or more of its shares.
Shares of Nordstrom Inc. JWN, +3.92% slipped 0.3% in premarket trading Tuesday, after the higher-end department store chain said it adopted a shareholder rights plan, also known as a "poison pill," th
Two high-end department stores reportedly have a closer relationship now, as the parent company of Mexican chain Liverpool has reportedly acquired a 9.9% passive stake in U.S. chain Nordstrom for 5.9
Mexican high-end department store chain Liverpool has acquired a 9.9% passive stake in U.S. upscale retailer Nordstrom , using what it said was surplus cash for a bet on geographic diversification.
Jefferies analysts have turned positive on department stores, but Nordstrom Inc. (NYSE: JWN) was the only stock to catch an upgrade from the analyst firm on Thursday.
Gerald Storch, CEO of Storch Advisors and former Toys 'R' Us CEO, joins 'Power Lunch' to discuss consumer spending trends reflecting high inflation, the positive position value based retailers are in
High-end department store Nordstrom Inc. has received an upgrade to a ‘buy' from Jefferies, which said the chain's wealthier customers were better insulated from a downturn and that it was best gear
Yahoo Finance Live anchors Brad Smith, Brian Sozzi and Julie Hyman discuss Jefferies upgrading Nordstrom from Hold to Buy.

Nordstrom Stock Rises on Jefferies Upgrade

10:42am, Thursday, 15'th Sep 2022
The shares of Nordstrom Inc (NYSE:JWN) are up 4.4% at $18.77 at last glance, after an upgrade from Jefferies to "buy" from "hold," with a price-target hike to $24 from $21.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE