By
Reuters
Published
Aug 14, 2008
Download
Download the article
Print
Text size

Nordstrom cites pressure on margins

By
Reuters
Published
Aug 14, 2008

ATLANTA, Aug 14 (Reuters) - Nordstrom Inc

* President Blake Nordstrom cites pressure on margins for paring full-year forecast.


Nordstrom Inc

Retailer says toughest areas of business are still California and women's apparel

* Retailer says rivals have become more promotional

* Retailer says although consumers in the aggregate are spending less in this environment, it sees no evidence that they are trading down. (Reporting by Karen Jacobs)

© Thomson Reuters 2024 All rights reserved.