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.
Date: Feb 04, 2021
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?