Is Nordstrom a Buy Ahead of Earnings?
Seattle-based fashion specialty retailer Nordstrom (NYSE: JWN) is notable for its ability to adapt to changing consumer demands and economic conditions over its 119 years in operation. The digital age has challenged the brand but hasn't beaten it, even as it sticks with its brick-and-mortar stores.
Adaptation has been the name of the game for retailers since the rise of the internet. Some fashion retailers, like Macy's, are struggling and closing stores, while others, such as Barneys, have closed altogether.
When Nordstrom earnings are released Tuesday, March 3, a bright spot in the retail gloom could very well emerge.
Source Fool.com
