What Myer can learn from Nordstrom

Myer’s share price is down 50% since reaching four dollars four years ago. In contrast, the share price of US retailer Nordstrom has doubled over the same period.

Myer’s share price recently fell 16% following another lousy result, and is down 50% since reaching four dollars four years ago. In contrast, the share price of US retailer Nordstrom has doubled over the same period.

Nordstrom has 270 stores located in 36 states across the US under three brands, Nordstrom, Nordstrom Rack, and Jeffrey. Nordstrom generally sells high-end brand name and private label fashion to kids and adults, similar to Myer.

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