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home / news releases / nordstrom department store retail is a tough busines

TJX - Nordstrom: Department Store Retail Is A Tough Business

TJX Companies Inc.
  • Nordstrom's stock price reached a new 52-week low this week, as growth doubts for the U.S. economy have reappeared.
  • Excessive debt/leverage/rents and negative cash flow may require a business reorganization in the next 6-12 months.
  • Ultra-weak equity trading momentum and underperformance of the retail sector may continue for some time.

For further details see:

Nordstrom: Department Store Retail Is A Tough Business
Stock Information
Company Name: TJX Companies Inc.
Stock Symbol: TJX
Market: NYSE
Website: tjx.com
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