Dana Telsey on the Future of Department Stores

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)

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)