Dana Telsey on the Future of Department Stores

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Telsey Advisory Group CEO and chief research officer Dana Telsey says Nordstrom’s move to private ownership was the right decision. She cites improving performance, a broader in-store brand range, and faster growth at Nordstrom Rack.

Dana Telsey, CEO and chief research officer of Telsey Advisory Group, says Nordstrom’s transition to private ownership was the right decision. Telsey points to improving business performance, a wider range of brands in stores, and faster growth at Nordstrom Rack. She speaks with Romaine Bostick on The Close. (Source: Bloomberg)