Question & Answer: What is the corporate strategy of Nordstrom? Growth, retrenchment or stability?…..

What is the corporate strategy of Nordstrom? Growth, retrenchment or stability? For whichever strategy you pick, elaborate on specifically what they are doing, i.e. if you say they are growing, then are they growing horizontally or vertically? Diversifying in a concentric or conglomerate manner? Be as specific as possible.