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Description: Nordstrom said Thursday it expects revenue to rise more than 25% in fiscal 2021 from the prior year, with roughly half of its sales coming from its digital business. Last year, the department store chain rang up about a third of its sales online.

Source: CNBC.com

Date: Feb 04, 2021

Link: https://www.cnbc.com/2021/02/04/nordstrom-sees-2021-revenue-up-25percent-as-it-puts-focus-on-rack-e-commerce.html

Questions for discussion:

  • Summarize the financial results presented.
  • What does the report say about the growing importance of e-commerce?
  • Do you think Nordstrom can be amongst the e-commerce winners in retail?

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