Why Nordstrom's Big Buy Might Be a Bad Move
Retailers developing an e-commerce presence and online shops establishing a physical footprint are nothing new. The omnichannel strategy allows customers to choose how, where, and when they want to shop.
Yet Nordstrom (NYSE: JWN) acquiring an ownership stake in British online fashion retailer Asos as a way of attracting younger, trendier customers to its stores is a risky move, one investors should approach with caution.
Source Fool.com
