Thread regarding Nordstrom layoffs

20% Sales drop in Q4. Don’t believe the hype

https://www.google.com/amp/s/www.seattletimes.com/business/retail/nordstrom-sales-drop-20-despite-digital-surge/%3famp=1

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| 1301 views | | 6 replies (last March 6, 2021) | Reply
Post ID: @OP+19H3JzGY

6 replies (most recent on top)

I’m sure you work for them. Full of their Kool Aid and lying!

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Post ID: @2cnd+19H3JzGY

Sales have improved beating all expectations. More hiring soon!

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Post ID: @2juj+19H3JzGY

Back to sell more Kool aid and fake ness and lies about sales?
I’m sure. When I was there there were often dms who overinflated their numbers. After being away from that company you start to see the truth!

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Post ID: @shq+19H3JzGY

And we are back! Hope they start hiring people back soon

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Post ID: @cfj+19H3JzGY

They get all kinds of write offs. Probably lie on their taxes. They are shady. They lie about their figures. The get out of rent. Etc. You do the math

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Post ID: @pnc+19H3JzGY

Bit digital sales are up!! :D

A larger percentage of a smaller pie...

Also I'm curious how much of their profit and cash flow are a result of not paying rent and government covid relief?

I think they got a huge write off on their holiday hiring spree...

But also, $3B or whatever in one quarter is still a lot...

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Post ID: @uoa+19H3JzGY

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