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Nordstrom (JWN) Macy’s (M), Wal-Mart (WMT) Winning In Omni-Channel Retail: Gerald Storch

Retailers Nordstrom, Inc. (NYSE:JWN), Macy’s, Inc. (NYSE:M) and Wal-Mart Stores, Inc. (NYSE:WMT) are winning in the omni-channel approach to the retail business, Gerald Storch told Andrew Ross Sorkin in a discussion on CNBC.

The comment about these retail houses comes as the two were discussing the Black Friday weekend. Storch, CEO of Storch Advisors, said that the margins at retailers are becoming smaller which means that prices are becoming better.

Nordstrom, Macy’s, Wal-Mart, Walmart, is JWN a good stock to buy, is M a good stock to buy, is WMT a good stock to buy, Gerald Storch,

He noted that retailers such as Nordstrom, Inc. (NYSE:JWN), Macy’s, Inc. (NYSE:M) and Wal-Mart Stores, Inc. (NYSE:WMT) are seeing the effects of price transparency brought about by the proliferation of internet access.

“Companies which are very good in the all-channel or omni-channel paradigm are going to be winners and the ones that really stand out are people like Nordstrom, Macy’s, Best Buy [which] has done a good job [and] Wal-Mart [which] is doing an increasingly good job online as well as in the stores,” Stroch said.

According to the executive, Nordstrom, Inc. (NYSE:JWN), Macy’s, Inc. (NYSE:M) and Wal-Mart Stores, Inc. (NYSE:WMT) are going to win because they have the ability to give people what they want, how they want it, when they want it.

That includes shopping for all kinds of products through channels like brick and mortar stores, online or mobile.

Nonetheless, Nordstrom, Inc. (NYSE:JWN), Macy’s, Inc. (NYSE:M) and Wal-Mart Stores, Inc. (NYSE:WMT) are not equals in the approach, Storch implied, as he said that some are behind while some are leading. What is apparent, however, is that if retailers continue to let other retailers lead, they are going to “perish,” the executive noted.

Ken Griffin’s Citadel Investment Group is a Nordstrom, Inc. (NYSE:JWN) shareholder, reporting a stake of about 3.21 million shares by the end of the third quarter of the year. Also by the end of the same period, Dinakar Singh’s Tpg-Axon Management Lp reported owning about 2 million Macy’s, Inc. (NYSE:M) shares. Meanwhile, Warren Buffett’s Berkshire Hathaway reported owning about 60.39 million Wal-Mart Stores, Inc. (NYSE:WMT) shares.

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