Thursday, November 21, 2024

Nordstrom says shoppers are still cautious, but sees fewer discounts this year

Must read



Shares of Nordstrom Inc. fell after hours on Tuesday after the department-store chain’s full-year sales forecasts spooked investors, as inflation-fatigued customers continue to have reservations about buying new clothes.

However, the company said it expected its retail-industry peers to back off the discounting that has defined clothes-shopping for the past two years.

That…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.


Subscribe Now



Source link

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article