Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals
Retail TouchPoints
MAY 29, 2020
Costco reported a successful quarter, while Nordstrom and Abercrombie discussed plans to handle the fallout. The initial stock-up period at the beginning of the pandemic tapered off in April as customers sheltered in place. The declines were attributed to store closures, though the retailer has reopened about 40%.
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