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As Nordstrom Prepares To Launch More 'Rack' Stores, Keep An Eye On Canadian Comps
Friday, May 12, 2017 - 1:32pm | 543Following the release of first-quarter results by Nordstrom, Inc. (NYSE: JWN), Baird said lower comps at its Canadian stores could be weighing on growth — a trend that should be watched, as the company prepares to launch Rack stores in Canada, beginning next year. Canadian Worries The firm...
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Macquarie Downgrades Nordstrom; Sees Dilution From Trunk Buy
Thursday, October 16, 2014 - 5:16pm | 188Nordstrom, Inc. (NYSE: JWN) could face higher-than expected costs to integrate its recent $350 million acquisition of the menswear retailer Trunk Club even as its expansion of discount Rack outlets cuts into profit margins, an analyst said Thursday. Macquarie's Laurent Vasilescu downgraded the...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....
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Why Do Startups Brag About How Much Money They Raised?
Friday, January 3, 2014 - 4:40pm | 540In 2013, hundreds (if not thousands) of firms bragged about how much money they raised. Benzinga interviewed several of them, including AppLift, which raised $13 million in June and another $7 million in October. Visier, a workforce analytics and planning solutions company, secured a $15...