Nordstrom Reports Weaker Same-Store Sales Growth, Net Sales Increase

0 41

Nordstrom Inc. reported weaker same-store gross sales progress than anticipated, whereas web gross sales rose in its newest quarter because the retailer continues to spend money on new market alternatives and its e-commerce enterprise to drive buyer engagement.

The Seattle-based firm reported web gross sales for the primary quarter jumped 5.eight%, to $three.47 billion, primarily due to the shift of a Nordstrom Rewards loyalty occasion into the primary quarter in contrast with the second quarter final yr, it mentioned Thursday afternoon.



Supply hyperlink – https://www.wsj.com/articles/nordstrom-reports-weaker-same-store-sales-growth-net-sales-increase-1526590535?mod=pls_whats_news_us_business_f

You might also like

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.