By
Reuters
Reuters
Published
Aug 14, 2008
Aug 14, 2008
Nordstrom cites pressure on margins
By
Reuters
Reuters
Published
Aug 14, 2008
Aug 14, 2008
ATLANTA, Aug 14 (Reuters) - Nordstrom Inc
* President Blake Nordstrom cites pressure on margins for paring full-year forecast.
![]() Nordstrom Inc |
Retailer says toughest areas of business are still California and women's apparel
* Retailer says rivals have become more promotional
* Retailer says although consumers in the aggregate are spending less in this environment, it sees no evidence that they are trading down. (Reporting by Karen Jacobs)
© Thomson Reuters 2023 All rights reserved.