Nordstrom Surges, Macy's Keeps Suffering

The video discusses Nordstrom's positive financial performance, with its EPS exceeding expectations and stock surging by 9.6%. In contrast, Macy's faces challenges, including a cut in its profit outlook and struggles with underperforming locations in lower-tier malls. The discussion highlights Macy's strategic issues, such as its real estate focus and declining e-commerce growth compared to competitors like Target and Walmart. Despite efforts to innovate and prepare for the holiday season, Macy's continues to face significant challenges in maintaining profitability and growth.

How did Nordstrom's performance differ from other retail names in the same quarter?

What factors contributed to Macy's underperformance in the recent quarter?

What strategies is Macy's considering to improve its profitability?

What challenges does Macy's face in its e-commerce division?

In what ways is Macy's attempting to adapt to the changing retail landscape?