Nordstrom (JWN) and Molson (TAP) earnings reports are expected before the opening bell.
Many Nordstrom (nyse: JWN - news - people ) and Macy's stores will be selling Kitson-branded sneakers and flip-flops.
Volume last week (August 1) was quite heavy as JWN closed lower.
The forecasts for department store Nordstrom (nyse: JWN - news - people ) call for same-store sales growth of 5.7%.
Steiner also sells to consumers through its Web site, timetospa.com, and at Nordstrom (nyse: JWN - news - people ).
Trading in JWN by one options player suggests he may be unconvinced that better-than-expected earnings or the HauteLook deal will translate into higher shares in Nordstrom, at least in the near future.
FORBES: Options Player Makes Calculated Bet That Nordstrom Will Cool Off
Popular mall anchor Nordstrom (nyse: JWN - news - people ) reported a 13.4% increase in sales that same month, and even troubled Federated, home to Macy's and Bloomingdale's, said sales rose 6.2%.
Consumer sentiment hit its highest level in over a year, and on the retail side, many stores showed surprisingly strong growth in February, with high-end retailer Nordstrom ( JWN) reporting same-store sales were up over 10%.
But taking a look at the stock, we can see that the failure of JWN to take out AND follow-through above its May highs during its recent ascent may suggest that the buyers are ready for a breather.
Large upscale chains continued to perform solidly in August, with same-store sales up 7.1% at Nordstrom (nyse: JWN - news - people ) and 3.3% at Saks (nyse: SKS - news - people ).
Longtime anchors Macy's (nyse: M - news - people ) and Sears aren't going anywhere, but a major expansion will add two luxury condominium complexes and an upscale shopping area headlined by Neiman Marcus and Nordstrom (nyse: JWN - news - people ).
FORBES: They're springing up in Asia, but will they all last?
应用推荐