CNN Smerconish November 27, 2021 14:20:00
City every week. i see so many boarded up for whatever reason. >> michael, you know your detail retail well. and you and team reported well earlier this week, nordstroms stock dropped 30% in a day. in the prior quarter, dropped 20% in a day. because when you lose sales for every $300 thats stolen from a nordstroms or anywhere else, $3 of that $300 of merchandise is recovered. so nordstrom operating on one cent of every dollar of sales profit. nordstroms has to sale $300,000 worth of product, mic...
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