Search Results for "nordstrom": 13 results


Nordstrom stock is down 52% in the last 12 months. Only Macy’s stock performs worse in the S&P 500 retail index.

It’s clear that Nordstrom should not have bought HautLook in 2011 and Trunk Club in 2014. In 2016, Nordstrom wrote down the value of Trunk Club by half of its $350m purchase. That’s $175m in value it desperately needed to spend elsewhere to compete with Amazon. Each million dollar mistake today results tens of millions in lost opportunity next year. Mistakes have exp...
Read More

View Post at Bridge


Nordstrom macy’s wsj


Shared: August 19, 2019

Jason Solarek picture
Shared by Jason Solarek
at Bridge

Nordstrom’s sales may shrink 10% due to the Chinese tariff, reports today’s WSJ.

View Post at Bridge


Nordstrom tariff


Shared: May 14, 2019

Jason Solarek picture
Shared by Jason Solarek
at Bridge

Nordstrom is opening two mini-spots the size of a Dunkin Donuts to act as pick up locations for online orders and offer some small services like tailoring, shares today’s Times. This is a vote for online and not a vote for physical retail space.

Read the full article:

https://www.google.com/amp/s/www.nytimes.com/2019/05/01/business/nordstrom-local-manhattan....
Read More

View Post at Bridge


Nordstrom online shopping


Shared: May 2, 2019

Jason Solarek picture
Shared by Jason Solarek
at Bridge


Imagine helping your brands sell direct and bypass you? That’s what Nordstrom is faced with doing as it gets beat up by Amazon and online sellers. As the Nordstrom CEO, think about the dire straits you’d have to be in to approve this. But since most retailers didn’t plan 20 years ago for the internet tsunami, they’re stuck playing package boy for Wall St. darling Amazon.

I agree that it’s great to get customers in the store—I just wish it wasn’t under these terms. It’s ...
Read More

View Post at Bridge


Walgreens Nordstrom Amazon FedEx foot traffic footfall

April 18, 2019

Jason Solarek picture
Shared by Jason Solarek
at Bridge

We post a good deal about Walmart and Amazon. What’s to be made of retailers like Macy’s, Nordstrom, and Neiman’s? It appears they’re just struggling to stay alive, shares today’s WSJ. Macy’s net sales fell 2.5% and it’s even considering new uses for its flagship Herald Square location. One may ask: is a sale of the flagship in the works like what Lord & Taylor did? Macy's could sell the location and lease it back.

View Post at Bridge


Macys wsj

February 27, 2019

Jason Solarek picture
Shared by Jason Solarek
at Bridge

Saks essentially throws in the towel on cosmetics and moves that department from the first floor to the second. What now greets you? Handbags. The WSJ reminds us that department stores are on the ropes against online competitors, chains dedicated to cosmetics, and changing consumer tastes. Jewelry is now in the basement.

View Post at Bridge


Saks nordstrom neiman marcus wsj

February 6, 2019

Jason Solarek picture
Shared by Jason Solarek
at Bridge

Amazon gets you to buy more iPhones, lawn mowers, power washers, and movies by: first selling you bananas. Whole Foods, owned by Amazon, ropes you in with the promise of savings. These banana sales will translate down the road to a tighter grip on all of a consumers’ purchases and result in lost sales for all or most retailers including Best Buy, Home Depot, AutoZone, Nordstrom, and more.

This will likely result in job loss and lower tax revenue. That may put downward pressur...
Read More

View Post at Bridge


Amazon Whole Foods

June 22, 2018

Jason Solarek picture
Shared by Jason Solarek
at Bridge

Macy’s lost $4.8b in the recent recession.

View Post at Bridge


Macy’s Amazon Nordstrom Kohl’s

December 19, 2017

Jason Solarek picture
Shared by Jason Solarek
at Bridge



How important are reviews to your business? It turns out, very important. Read my latest column from Tableware Today magazine on the importance of reviews.

Turning Reviews Into Sales

Does this sound like you...You need a hedge trimmer so you click on Google, read a few reviews, head to Home Depot, and make a purchase. You’re on a favorite clothing store’s
website. The pants you’re interested in have poor fit comments so you choose something else. The ...
Read More

View Post at Bridge


Reviews Tableware Today Google page one diane seidle

August 3, 2017

Diane Seidle picture
Shared by Diane Seidle
at Bridge

Today's WSJ shares that department stores are being replaced with restuarants and other businesses.

View Post at Bridge


Wsj mall Nordstrom

July 11, 2016

Jason Solarek picture
Shared by Jason Solarek
at Bridge

We Are Not Broadway

I was chatting with a sales rep whom I highly admire this week about retail and he suggested that Neimans and Nordstrom could reverse their dipping sales by hiring more people and / or providing better in-store customer service. He likened going to the store as going to a Broadway show where if you offer a good experience, people will pay more and business will thrive.

Here are my thoughts on this:
1. We're not Broadway. Retailers sell commo...
Read More

View Post at Bridge


We are not Broadway sale rep wsj Amazon Indy business mom and pop

May 14, 2016

Jason Solarek picture
Shared by Jason Solarek
at Bridge
Should you offer free shipping on your website?




Please see below. This article from today's Wall St. Journal explores the expectation for free shipping when buying online.
My advice to clients:
- Let's better promote our free shipping offer for orders made online.
- Let's e-mail a coupon to past customers either for an amount off the purchase, or something about free shipping.
- Can we lower our free shipping baseline, or offer a free upgrade to q...
Read More

View Post at Bridge


free shipping holiday promotions new york city web design

October 21, 2009

Jason Solarek picture
Shared by Jason Solarek
at Bridge
Shoppers Go Online to Save Gas Money




This article below from the today's NYT echoes a conversation I had this week with a major tableware brand. The head of the company said that he can see a day when the traveling home goods salesperson will not travel. Instead, the person will do his or her sales presentations over the phone and web. Samples will be shipped via UPS or FedEx. Otherwise, sales reps have to drive to and from meetings, and this gas money may eat up 25%...
Read More

View Post at Bridge


Online Ecommerce NY Times Neiman Marcus Saks

July 19, 2008

Jason Solarek picture
Shared by Jason Solarek
at Bridge

Next page