Nordstrom counting on customers refreshing wardrobes to jumpstart sales
July 21, 2021
Nordstrom has seen customer traffic pick up in stores with the relaxation of public health restrictions. Jamie Nordstrom, president of the department store retailer, is looking for a big jump in sales during the company’s annual anniversary sale as its customers refresh their wardrobes. Mr. Nordstrom expects athleisure, casual and denim clothing to continue selling well as trends that took hold during the pandemic remain in high demand.
Recent News
Tesla Recalls Cybertruck Due to Stuck Accelerator Pedal
Tesla is recalling almost 4,000 Cybertrucks due to a sticking accelerator pedal. The problem stems from an unauthorized lubricant used during assembly, which reduces the pad’s grip on the pedal.
Trader Joe’s Recalls Organic Basil Product Linked to Salmonella Outbreak
The company’s Infinite Herbs Organic Basil product is recalled due to a possible salmonella contamination.
Procter & Gamble Reports Mixed Results After Price Hikes
Procter & Gamble’s recent quarterly results showed a mix of gains and setbacks. Despite facing challenges in attracting shoppers due to increased prices over the past two years, the company managed to exceed earnings expectations.
JetBlue and Southwest Airlines Collision Narrowly Avoided at Reagan National Airport
An air traffic controller instructed one plane to cross the runway at the same time a second plane was taking off.