Coresight: Fewer 2020 U.S. Store Closings Than Expected
Despite a difficult year, Coresight Research noted that far fewer retailers closed their doors in 2020 than many observers anticipated, including Coresight itself.
Nordstrom
Nordstrom Holiday Sales Stumble But Digital Shines
With the COVID-19 pandemic continuing to trouble consumers, Nordstrom has announced that sales slid 22% for the nine-week 2020 holiday period ended January 2 versus the comparable period a year earlier.
Nordstrom Names Supply Chief DePree To Executive Team
Nordstrom has named Alexis DePree evp/chief supply chain officer to the executive team effective next month.
Nordstrom Offering Customers Last-Minute Shopping Aids
In this holiday season, Nordstrom is offering customers more choices than ever to get their online orders how they want before December 25, including online order pickup, curbside pickup, ship to store, expedited shipping and same-day delivery in the NYC area.
Nordstrom Q3 Buoyed By Digital Operations
In an environment still subject to pressures arising from the COVID-19 pandemic, Nordstrom returned third quarter earnings that beat a Wall Street estimate, with digital sales key to driving results.
New Nordstrom Local Hubs Slated For Metro LA
In an effort to enhance the company’s ability to provide a seamless and compelling experience everywhere customers want to shop, Nordstrom is adding two more of its Nordstrom Local service hubs, one each in Newport Beach and Manhattan Beach, CA.
Nordstrom Rack Introduces More Fulfillment Services
To continue to provide consumers with more convenient services and access to more inventory, Nordstrom is introducing order pickup at U.S. Nordstrom Rack stores for Nordstrom.com, NordstromRack.com and HauteLook.com orders.
Nordstrom, Balsam Hill Debut In-Store Christmas Tree Lots
Nordstrom and Balsam Hill have teamed up to present in-store artificial Christmas Tree lots in 21 Nordstrom stores in 13 states. The displays, depending on location, will be open throughout the holiday season.
Five Two Housewares By Food52 Lands At Nordstrom
Five Two, the housewares line from Food52, will join Nordstrom’s home assortment, the company said. The company’s cookware, dishware and kitchen essentials will be featured in select Nordstrom stores in the U.S. and Canada as well as online.
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.
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.