Nordstrom tests 24/7 curbside delivery at 10 stores
Nordstrom will offer 24/7 curbside delivery from Dec 16 to Christmas Eve at ten stores. Shoppers order online, confirm via email, then text or call to pick up outside. gift wrapping kit available by texting gift. Participating locations include Downtown Seattle, Bellevue Square, Michigan Avenue, Oakbrook Center, NorthPark Dallas, Tysons Corner, The Westchester White Plains, South Coast Plaza, Fashion Valley San Diego, and Valley Fair.
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Tax reform bill keeps most investment tax rules intact
The proposal leaves long term capital gains rates, qualified dividends, NIIT, and retirement plan limits unchanged while noting potential rate changes for short term gains and interest income. It cautions that final legislation may differ significantly from the current plan.
Sears to sell up to 140 more stores amid losses
Sears Holdings reached a deal with the Pension Benefit Guaranty Corp to unlock the sale of up to 140 locations, aiming to raise about 407 million dollars to fund its pension plan for roughly 100,000 beneficiaries. The move follows more than 400 store closures this year and predicts a third quarter net loss of 525 to 595 million dollars.
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