Word: nordstrom
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Dates: during 2000-2009
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...Walmart Stores Inc. achieved its biggest single-day sales figure ever, earning $1.43 billion in sales, compared to last year’s 1.25 billion. Macy’s and Bloomingdale’s, along with Dillard’s and Nordstrom, Inc. also reported exceeding their sales expectations...
...Fendi, Marc Jacobs and Louis Vuitton. GLOSS.COM, a beauty supersite selling Chanel, Stila and eight other major brands, is easy to navigate and pools all your purchases into a single shopping cart. Amazon.com just introduced a similar portal for apparel, so you can hop from, say, Eddie Bauer to Nordstrom to Guess but check out only once...
...album, Play, stalled on the charts because it couldn't break through niche-driven radio playlists, Moby and longtime managers Marci Weber and Barry Taylor devised a remarkable strategy in which all 18 album cuts were licensed for commercial use. Songs from Play showed up in ads for Nordstrom and Nissan, in an Oliver Stone movie and--egad!--on Veronica's Closet before finally muscling their way onto radio in between Limp Bizkit and Britney Spears...
...hope Santa is good to them. Even before a single retail site burst online, America had too many retail stores. By 2000, it also had too many e-tail stores. Result: shuttered sites, struggling shops and shredded profits across the sector. Poor performance by such companies as the Gap, Nordstrom and J.C. Penney added to the dotcom carnage in the stock market. And new worries that consumer spending is slowing, presaging a recession, have made this Christmas the most critical in years...
...Nordstrom and Ridderstrale are also speed freaks. In a CNN world, they write, speed is a lifesaver--especially in bringing products to market. The lion's share of Hewlett-Packard's revenues, they point out, is derived from products less than a year old. To succeed in such a high-velocity world, companies must take risks, accept and welcome failures and shun all things average, bland and safe. They must grab consumers by surprise--not unlike the songs Lennon and the Beatles wrote when they gained a stranglehold on pop charts...