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I don't have data, but I suspect that Walmart consistently does better than Nordstrom I'm not sure what you mean by "consistently", but that doesn't actually s
by wycats 15y ago
I don't have data, but I suspect that Walmart consistently does better than Nordstrom
I'm not sure what you mean by "consistently", but that doesn't actually seem true.
Over the past year (Nordstom did better most of the year): http://www.google.com/finance?q=NYSE%3AJWN%2CNYSE%3AWMT http://www.google.com/finance?q=NYSE%3AJWN%2CNYSE%3AWMT
Over the past five years (Nordstom got off to a bad start but did better towards the end): http://www.google.com/finance?q=NYSE%3AJWN%2CNYSE%3AWMT http://www.google.com/finance?q=NYSE%3AJWN%2CNYSE%3AWMT
Walmart and Nordstrom have similar stock prices, similar EPS, and similar P/E. I think it's fair to say that Nordstrom is doing fine.
- kenjackson 15y agoI was actually thinking total profit over time. This chart probably captures better their performance over time, since 1/5/10 year charts depend heavily on how well you did in the period right before the chart begins: http://www.google.com/finance?q=NYSE%3AJWN%2CNYSE%3AWMT# http://www.google.com/finance?q=NYSE%3AJWN%2CNYSE%3AWMT# Or to put it another way, would you rather own 10% of Walmart or Nordstrom?
- jerrya 15y agoBut see, it's not an either-or. Nordstrom doesn't have to become Walmart, and not all phones have to compete as feature phones. Certainly Apple knows it will die if it has to compete as a feature phone. The question is how you stay away from competing on price alone, and the answers are usually through value, innovation, customer service, quality, and intangibles like branding.