Thread regarding Nordstrom layoffs

Noticed a few things from the 10-Q released today

No stock buybacks in Q2, stock cut nearly in half. They still have dry powder to use to prop up the stock and give execs an exit, almost half the buyback allowance is still left, with no time limit.

Nothing changed on risks, etc, kept referencing the 2018 Annual report.

I did not know that the CA distribution center was back on the table after Erik mothballed it with apologies a few years ago. That will make it IA, PA, and CA.

NYC opens with the FLS and a couple of the inventory-less “local” stores.

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