Lots of huge retailers this summer time are speaking about theft, and the way it’s hurting revenue. But when an analyst requested department-store chain Nordstrom Inc. JWN concerning the topic on Thursday, following a large late-afternoon theft at considered one of its shops this month in California, executives mentioned ranges of theft haven’t been past what they anticipated.
“Certainly what happened at our Topanga store is disturbing to all of us,” Chief Executive Erik Nordstrom mentioned on the retailer’s earnings convention name on Thursday, referring…
Source web site: www.marketwatch.com
