As it continues to expand its bricks and mortar off-price store portfolio, Nordstrom has announced plans to open three of its Rack stores during the fall of 2023 all located in the Pacific Northwest. The new stores will operate in Union Gap and Olympia, WA, and Salem,...
As has been the case with other retailers, Nordstrom has recently faced some inventory issues, but it managed sales and earnings gains in the second quarter, giving Wall Street a little surprise along the way. Net earnings were $126 million, or 77 cents per diluted...
Adjusted loss fell a penny short of a Wall Street estimate, but sales gained at Nordstrom department store and off-price banners in the first quarter. Nordstrom net earnings in the first quarter were $20 million, or 13 cents per diluted share, versus a net loss of...
In another expansion of its off-price operations, Nordstrom will open two new Rack locations in the fall. The new Nordstrom Rack stores will operate in Phoenix, AZ, at Desert Ridge Marketplace, and Riverside, CA, at Canyon Springs Marketplace, the company announced....
Nordstrom Rack, looking to advance it’s Closer to You strategy, is adding three new merchandising and supply chain executives after its parent company closed out a strong fourth quarter. Parent Nordstrom named Nancy Mair, senior vice president, Rack...
