Nordstrom (JWN) on Track With Long-Term Plans: Apt to Hold?
JWNNordstrom(JWN) ZACKS·2024-06-24 23:00

Nordstrom Inc. (JWN) is well-placed for long-term growth, backed by its efforts to drive efficiency and improve customer experience via faster order fulfillment. It is also on track to reduce inventory and optimize product mix. Its market strategy aimed at capitalizing on its digital-first platform to serve customers better, gain market share and deliver profitable growth bodes well. The company is benefiting from increased emphasis on Nordstrom Rack. Management remains focused on enhancing customer experie ...