Nordstrom Got Help From Home During Challenging Q2
The home department gave Nordstrom a lift during a challenging second quarter when sales dropped due to the temporary store closures associated with the coronavirus pandemic.
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Nordstrom Readies Anniversary Sale
On August 19, Nordstrom will kick off its Anniversary Sale online and in stores, initiating the company’s biggest and most popular shopping event of the year.
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.
Nordstrom Boosts Store Fulfillment Capabilities
As Nordstrom plans to reopen stores, the department store and off-price retailer is boosting its digital and store capabilities. The company also plans to permanently close 16 full-line stores.
Nordstrom Strengthens Financial Position
Nordstrom continues to take precautionary measures to strengthen its financial position for the long term.
Nordstrom Adds Donald, Tritton To Board Of Directors
Nordstrom has appointed two new members to its board of directors: Jim Donald, co-chairman of Albertsons board of directors and Mark Tritton, president and CEO of Bed Bath & Beyond.
Nordstrom Extends Closure, Furloughs Part Of Workforce
Nordstrom will extend its temporary store closure for at least one week, through April 5. The closure impacts all U.S. and Canada stores, including Nordstrom, Nordstrom Rack, Trunk Club, Jeffrey, Nordstrom Local and Last Chance.
Nordstrom Pursues Financial Flexibility To Cope With COVID-19
Nordstrom is taking precautionary measures to strengthen its financial position in response to the rapidly changing market circumstances arising from the COVID-19 pandemic.
Updated: Williams Sonoma, Other Retailers Close Stores, Reduce Hours
A range of retailers across channels are responding to the coronavirus outbreak with moves to temporarily close their stores, reduce store hours and other consumer and employee oriented initiatives.
Q4 Earnings Miss Estimate As Nordstrom Names CEO
As Nordstrom reported its fourth quarter financial results, the company made changes at the top, including the appointment of Erik Nordstrom as CEO and the pruning of its board.
Store Tour: Nordstrom, Neiman Marcus Highlight Urban Home
Nordstrom and Neiman Marcus have opened updated urban department store formats in New York City, and while they are heavily apparel oriented, they have significant, meticulously merchandised housewares assortments with some home furnishings.
Nordstrom Retail Growth Strategies Pay Off In Q3
Nordstrom cut costs and boosted earnings in a third quarter that saw traditional full-line store sales slip and its urban strategy enter a next phase in Manhattan.
Nordstrom Opens NYC Flagship Store
Nordstrom has opened the doors to its first-ever flagship store for women and children in New York City. Located at 225 West 57th Street, across from the men’s store which launched in 2018, the new store occupies the base of Central Park Tower. Customers can shop 320,000-square-feet of retail space across seven levels.
Nordstrom Local Store Concept Opening In New York City
Nordstrom will continue its expansion in New York City by adding two more service hubs under its Nordstrom Local concept.
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.
Nordstrom Produces Mixed Q2 Results
It was a mixed second quarter for Nordstrom, as the department and off-price retailer’s earnings beat its expectations while net sales declined.
Nordstrom Preps Anniversary Sale
The Nordstrom Anniversary Sale, the retailer’s biggest sale of the year, launches Friday, July 19.
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.
Nordstrom Adding Local Boutiques In New York
At a time when retailers are looking at new ways to reach urban customers, Nordstrom will continue to expand its presence in New York City this fall by opening two Nordstrom Local neighborhood service hubs.
Nordstrom Reports Mixed Q4 Results
Nordstrom reported a mixed fourth quarter, as earnings received a boost from corporate tax reform while net sales decreased.