Economy Begins to Bite: Nordstrom Stays Course Despite Bumpy Outlook
Nordstrom isn’t about to let a tough fourth quarter and soft outlook for the year deter its long-term objectives. The specialty chain reported that for the fourth quarter ended Feb. 2, net earnings dropped 8.6 percent to $212 million.
From This Issue
Duality in layered, monochrome male-female couplings was the underlying theme for designers Filip Arickx and An Vandevorst’s 10th anniversary collection, seen in a tailored cape jacket, say, worn over a soft velvet dress, or in a vermilion-hued silk…
Despite the rising exchange rate and concerns about product safety, the vice chairman of Wal-Mart Stores Inc., Michael Duke, said Monday in Beijing that the retail giant’s level of procurement from China likely will remain steady this year at about $9…