The surging results by department stores lately have surprised a lot of observers and delighted retailers in the channel. But can they keep the surge going? The question arises often. Strong department store financials recently posted have exceeded expectations,...
Nordstrom earnings fell short of a Wall Street earnings estimate but beat a revenue forecast in its third quarter. Net earnings were $64 million, or 39 cents per diluted share, versus net earnings of $53 million, or 34 cents per diluted share, in the year-before...
Even people who might not regularly shop them tend to turn their attention to department stores during the holiday season when those retailers seek to entertain as they sell, and Macy’s and Nordstrom are out to do just that as the year winds down. Of course, as part...
As it follows an earlier expansion of household merchandise, Nordstrom is introducing a redefined home concept in New York that will influence how it approaches domestic items throughout its operations. The retailer announced that it is debuting the Nordstrom Home...
Sales trends at both Nordstrom’s namesake and Rack businesses improved in the second quarter, Nordstrom stated, as it works to shake off the effects of the COVID-19 pandemic. The company posted net earnings of $80 million, or 49 cents per diluted share, versus a...
