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Stock Market & Financial Investment News

News Breaks
June 1, 2014
20:14 EDTJWNNordstrom's emphasis on Rack should boost operating income, Barron's says
Nordstrom intends to have 230 Nordstrom Rack stores by 2016, which should boost operating income, Barron's contends in a follow up article. The company's new Rack website and mobile app should also boost sales, the paper adds. Reference Link
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July 31, 2014
09:06 EDTJWNNordstrom to acquire men's clothing service Trunk Club
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06:03 EDTJWNNordstrom acquires Trunk Club, terms not disclosed, Re/code reports
Nordstrom is buying Trunk Club, a men's apparel and personal shopper company, Trunk Club CEO Brian Spaly confirms, Re/code reports. Reference Link

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