Bricks and mortar retailers like Nordstrom Inc and Walgreens have found a way to deal with growing pressure from Amazon, by joining forces with small e-commerce companies.Through acquisitions, investments and partnerships with smaller, emerging start-ups, large retailers are breaking into new markets and tapping into the social media and marketing expertise of the firm's often tech-savvy founders.And as consumers keep hitting the mousepad instead of the mall, the trend is likely to keep growing in 2013 and beyond.U.S. retail e-commerce during the third quarter grew 17.3 percent from the year-ago period to $57 billion, or 5 percent of total retail sales, according to the Census Bureau of the Department of Commerce. Total retail sales rose just 4.6 percent during the same period.
Nordstrom, Inc. is a fashion specialty retailer, with 225 the United States stores located in 30 states as of March 16, 2012. Shares of JWN remained unchanged at $52.11. In the past year, the shares have traded as low as $46.27 and as high as $58.44. On average, 1910210 shares of JWN exchange hands on a given day and today's volume is recorded at 0.
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