It's hard to find new positive things to say about Nordstrom (NYSE:JWN).
This high-end retailer has long stood out from the crowd with its
sharp-eyed merchandising, high inventory turns, flexible operating
model, and above-average returns on capital. Couple that with a
still-growing Rack store concept and e-commerce opportunities, and it's
hard to ever get too negative on this company. On the other hand,
Nordstrom's excellence has been well-known for years and this second
quarter shows that even well-run retailers can struggle to make headway
in the face of a tougher consumer spending environment.
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http://www.investopedia.com/stock-analysis/081913/nordstrom-shows-even-best-can-struggle-bit-jwn-m-oxm-sks.aspx
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