Nordstrom reported mixed third-quarter results as its income took a big hit due to an unexpected charge related to its store credit card even as its sales continued to increase.
As the holiday shopping season begins in earnest, retailers find themselves having to cope with high levels of turnover on the frontlines of their stores.
A strong labor market that is boosting consumer spending helped retail sales make a comeback in October, sending a positive note to retailers as they head into the holiday shopping season.