How was nordstrom approach different from retailers


Question 1: How was Nordstrom's approach different from that of other retailers?

Question 2: Briefly describe the different costs associated with inventory in retailing.

Question 3: How did Nordstrom's approach enable its stores to increase same-store sales?

Question 4: How was Nordstrom able to increase customer service without increasing inventory?

Question 5: Did inventory turnovers improve for Nordstrom as a result of its new strategy? Why is increasing inventory turnover important for a retailer?

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