Insight Report 11 minutes PremiumNordstrom Investor Day 2021: “Closer to You” Strategy Seeks To Expand Inventory by 5X and Lower Prices at Nordstrom Rack Coresight Research February 11, 2021 What's InsideThe Coresight Research team attended Nordstrom’s virtual Investor Day on February 4, 2021. We present our top takeaways from the event, including the company’s views of the shifting retail landscape and Nordstrom’s three initiatives under its digital-first “Closer to You” market strategy. Click here to read more Coresight Research coverage of Nordstrom. CONTENTS What’s the Story? The Shifting Retail Landscape: Customers Are Younger; Spending Is Polarized; Digital is Driving Decisions “Closer to You” Strategy: Three Initiatives Winning in Its Most Important Markets Broadening the Reach of Nordstrom Rack Increasing Digital Velocity Financial Outlook Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Analyst Corner—Tracking Category Trends: A View of the US Apparel and Footwear Market with Sunny ZhengPet Apparel and Accessories: A Niche Market with Strong Growth PotentialEarnings Insights 4Q23, Week 6: BJ’s, JD.com, Ross and Others Record Strong Performances; Big Lots and Kroger Witness DeclinesCountdown to China’s Singles’ Day 2023: One Month To Go—Major Platforms’ Plans for the Shopping Festival
