UPDATE: Amazon to add 100,000 full-time U.S. jobs, many in fulfillment centers
Hello and welcome to the Nordstrom First Quarter Conference Call. At the request of Nordstrom , today's conference call is being recorded. All lines will be on a listen-only mode until the question-and-answer session.
UPDATE: Amazon has taken convenience to a new level and it's hurting offline rivals
UPDATE: Macy's and Kohl's still struggling to come to grips with e-commerce and the Amazon effect
UPDATE: Kate Spade is a strong takeover candidate for Coach, Michael Kors and others
UPDATE: Bricks-and-mortar retailers have the edge over Amazon in final pre-holiday shopping days
UPDATE: Department-store shares sell off after Kohl's, Macy's reports