Market Weekly: October 20 – 26 2019

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TradersCom
Keymaster

Nordstrom (NYSE:JWN) to open its 320K square-foot Manhattan flagship store on October 24.

The store’s location on Broadway and 57th Street positions it to be a tourist draw, while Nordstrom’s collaborations with Nike (NYSE:NKE), Everlane, Burberry (OTCPK:BURBY), Madewell and others are aimed at raising the brand’s profile.

The flagship will feature a curated selection of women and men styles, including clothing, shoes and accessories — additionally beauty items will also be available, as well as kids and home goods. A number of restaurants and bars will also provide unique food and beverage offerings.