by Mike Duff | Jun 1, 2022 | Retail Articles
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...
by Mike Duff | Mar 24, 2022 | Retail Articles
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....
by Mike Duff | Mar 16, 2022 | Home + Housewares, Retail Articles
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...
by Mike Duff | Mar 15, 2022 | Retail Articles
Qurate Retail Group has named Terry Boyle president and CEO of Zulily. He will report to David Rawlinson, Qurate Retail president and CEO, and work in collaboration with him to develop and implement a compelling strategy for Zulily that will optimize establishment and...
by Mike Duff | Feb 16, 2022 | Retail Articles
The InMarket Insights Q4 2021 Consumer Loyalty Report shows Walmart generated the most consumer loyalty among the top 5 big-box stores. The market researcher used location tracking data to determine Walmart was number one followed by Meijer, Fred Meyer, Target and...
