Retail is a hard market, but Nordstrom (JWN 5.35%) makes it look pretty easy. What can investors expect from this retail company?
Today on Investor Beat, Chris Hill and Motley Fool analyst Ron Gross discuss the department store chain. Chris says that with a strong quarterly report showing good numbers across the board, from its brick-and-mortar locations to catalog and online sales, Nordstrom is an all-around winner today. Ron offers that the company's net loss doesn't look great, but is understandable as the company spends more on areas such as technology and its expansion into Canada. Furthermore, Ron believes these expenses will pay out later on.
