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 This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Innovator Intelligence: Achieving Social and Live Commerce Success with Authentic, Interactive and Engaging ContentHoliday 2023: Festive Frenzy of Social Commerce—Seven Social Media Strategies To Drive EngagementInnovator Profile: Optiversal Uses Generative AI To Create E-Commerce Content That Resonates with a Brand’s AudienceA Growing Movement Toward In-Store Shopping: China Consumer Survey Insights