Nordstrom shuts stores, pulls 2020 outlook due to coronavirus

Nordstrom shuts stores, pulls 2020 outlook due to coronavirus

Nordstrom said it would shut its stores in the US and Canada for two weeks, starting March 17, and pull its fiscal 2020 forecast. The department store retailer said it has experienced ’a broad-based deceleration in customer demand over the past couple of weeks, particularly in markets most affected by the virus.’ The company said its apps and websites would remain open.

Simone
Simone
Top in Business
Get the App