Pursuits
Nordstrom Dresses British With Topshop to Win Back Women: Retail
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Nordstrom Inc., the upscale department-store chain, navigated the recession and its aftermath better than its peers. Yet even a company that has posted average sales growth of 14 percent for the past 10 quarters isn’t immune to today’s fast-changing retail environment.
At a time when wary U.S. consumers obsessively comparison-shop online and open their wallets only for must-have products, retailers are falling over themselves to lock up merchandise shoppers can’t find anyplace else.