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Mike Mozart

Nordstrom Now Facing Same Sales Slump, Challenges As Other Mall Retailers

Over the past year, a number of onetime mall behemoths — Macy’s, Sears, and other retailers — have suffered slipping sales that have led to store closures. While these mid-range department stores have working for years to increase sales and meet customer demand, many high-end retailers – like Nordstrom — have avoided that fate, at least until now. [More]

Mike Mozart

Why Are Millennials Flocking To Aldi Over Whole Foods?

Despite opening a new, hipper version of its typical stores, Whole Foods doesn’t appear to be making much headway in turning around its slumping sales. In fact, customers are actually heading to discount retailer Aldi. But why?  [More]