Best Retail Stocks To Own Right Now: Nordstrom Inc.(JWN)
Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It offers a selection of brand name and private label merchandise. The company sells its products through various channels, including Nordstrom full-line stores, off-price Nordstrom Rack stores, Jeffrey? boutiques, treasure & bond, and Last Chance clearance stores; and its online store, nordstrom.com, as well as through catalog. Nordstrom also provides a private label card, two Nordstrom VISA credit cards, and a debit card for Nordstrom purchases. The company?s credit and debit cards feature a shopping-based loyalty program. As of September 30, 2011, it operated 222 stores, including 117 full-line stores, 101 Nordstrom Racks, 2 Jeffrey boutiques, 1 treasure & bond store, and 1 clearance store in 30 states. The company was founded in 1901 and is based in Seattle, Washington.
Advisors' Opinion:- [By Ben Levisohn]
Nordstrom (JWN) gained 15% this week after beating earnings and announcing that it would try to sell its credit card receivables, while Fossil Group (FOSL) plunged 7.8% to $101.90 after offering disappointing guidance, making it the benchmark’s biggest loser. Keurig Green Mountain (GMCR) gained 5.5% after Coca-Cola (KO) upped its stake in the company.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-retail-stocks-to-own-right-now.html
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