Nordstrom was firing on all cylinders in its second quarter, fueled by strong gains in digital sales and robust traffic at its off-price and regular-price stores.
ESL Investments, the hedge fund run by Sears Holdings Corp. chairman and CEO Eddie Lampert, has made a formal offer for one of the company’s signature brands.
Despite concerns about the growing trade war, consumers continued to spend in July — a move that contributed to the sixth consecutive month of retail sales gains.
