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Retail Brew delivers the latest retail industry news and insights surrounding marketing, DTC, and e-commerce to keep leaders and decision-makers up to date.
Members of the Nordstrom family—namely CEO Erik Nordstrom and President Pete Nordstrom—revealed that they are considering taking Nordstrom Inc., which has had lagging sales, private. Morningstar analyst David Swartz told Bloomberg that they are “probably thinking that they need to take it private to do some significant changes to the business outside of public view to get the business back on track.”
You tell us: Do you think it’s wise for publicly traded retailers facing revenue challenges to go private to address the problems free from the pressure of shareholders? Cast your vote here.
Circling back: Last week, we told you about how nearly 1 in 3 Americans aged 50–80 reported they’d gone to a health clinic inside retail locations like drug stores or big-box stores within the last two years. So we asked if you’d sought treatment in a health clinic inside a retail store and if you’d do it again.
Nearly half of you (45.2%) had gone to a health clinic inside a retail store and would do so again, while just 4.8% of you had done so but would not again. Another 30.6% had not gone to a health clinic inside a retail store and were unwilling to give it a try, while 17.7% hadn’t done so but were willing to give it a try, and 1.6% of you did not know or weren’t sure.