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 subscribers only. Learn more about subscriptions here.If you are a subscriber, please log in. This document was generated for Other research you may be interested in: February 2023 Monthly Consumer Update: US, UK and ChinaIs the Future of Security Locked in Technology?: Insights Presented at NRF Protect 2023US and UK Retail Bankruptcies Latest, August 2023: Wilko Administration Bucks UK Discount Growth TrendJune 2023 US Retail Sales: Higher Wages and Slower Inflation Drive Moderate Retail Sales Growth
