Nordstrom’s reaffirmed annual forecasts overshadow quarterly revenue beat
Nordstrom (JWN.N), opens new tab on Thursday warned of an uncertain economy and said consumers were resilient but selective, after the department store owner merely maintained its annual forecasts for sales and profit. Shares in Nordstrom dropped nearly 5% in after-market trading. The company, which sells pricier clothes, shoes, and accessories, beat first-quarter revenue expectations. Department store […]
Buying a house of ‘Home Alone’ or John Lennon fame? There’s a premium for that
An array of iconic homes are for sale — and buyers will almost certainly pay extra for that pedigree. However, that premium is hard to quantify since some uber-wealthy buyers will pay almost anything to own a piece of pop culture, according to real estate experts. “It’s like owning a Picasso” or a Fabergé egg, said Tomer Fridman, a real […]