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April 3, 2020
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Retail

Nordstrom takes extra steps to fortify balance sheet as retail shutdown continues

March 24, 2020

Nordstrom's ecommerce operations account for one-third of the company's revenue. Image credit: Nordstrom Nordstrom's ecommerce operations account for one-third of the company's revenue. Image credit: Nordstrom

 

By Mickey Alam Khan

Nordstrom Inc. has taken additional precautionary measures to strengthen its financial position as the U.S. department store chain confronts the uncertainty in the world’s largest luxury market over the COVID-19 coronavirus pandemic.

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  1. Preparing to reignite your luxury business post-pandemic
  2. Fashion sites show slow signs of life after March drop-off
  3. Luxury executives expect shutdowns to go on for months
  4. Marketing during the economic downturn
  5. Four Seasons, Belmond lure homebound consumers with virtual events
  6. Women in Luxury 2020 New York conference moved to Wednesday, June 24
  7. How Tom Ford innovates with consultations as stores remain shut
  8. Jewelers must take risks to inspire big-ticket purchases under lockdown
  9. COVID-19 will force brands to let consumers experience products and services outside the store
  10. We have had athleisure. Is homeleisure China’s next big thing?
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