Nordstrom Rack

Financials
Nordstrom Aims To Regain Footing As Q1 Sales Decline

As it looks to a future beyond the COVID-19 crisis, Nordstrom pointed to its pursuit of strategic omnichannel initiatives even as the company reported sales and earnings declines in the first quarter.

Retail
Nordstrom Names Bariquit Chief Merchandising Officer

Nordstrom has named Teri Bariquit chief merchandising officer. In this newly created role, Bariquit will serve as a member of the company’s executive team, leading the full-price and off-price merchandising areas. She will report to co-president, Pete Nordstrom. 

Financials
Nordstrom Sales Fall In Q1

Nordstrom reported that its net sales decreased 3.5% for the first quarter. The company said its top-line results were impacted by three areas— loyalty, digital marketing and merchandise— which contributed to declines across its full-price and off-price businesses, in both stores and online.

Retail
Nordstrom Holds Hiring Day Event

Nordstrom hosted a company-wide hiring day on Friday, October 19, with events taking place in every Nordstrom and Nordstrom Rack store across the U.S. and Canada, as well as in its distribution and fulfillment centers.

Financials
Nordstrom Sales Rise In Q4

As the Nordstrom family explores a going private transaction, the department store retailer reported a rise in fourth quarter sales while earnings were impacted by the tax reform.

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