Risk Factors Update Summary
- Expanded omni-channel market strategy to improve Nordstrom Rack performance through new store openings.
- Increased focus on inventory flexibility through unowned inventory models, including dropship marketplace.
- Enhanced customer focus by providing a differentiated digital experience to improve profitability in Nordstrom Rack.
- Transitioning to a digital-first business model to support continued growth and customer needs.
- Emphasizing the need to scale market strategy and supply chain capabilities for better customer service.
- Working on expanding brand awareness, strengthening brand, and optimizing market strategy for growth.
- Potential impact on operations due to changes in third-party relationships or terms and conditions.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=72333&owner=exclude
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