by Mike Duff | Sep 15, 2023 | Retail Articles
Nordstrom has announced executive leadership appointments in its merchandising and store organizations, effective immediately. The company named Jamie Nordstrom chief merchandising officer. He previously served as its chief stores officer. Nordstrom replaces Teri...
by Mike Duff | Apr 14, 2023 | Retail Articles
Nordstrom opens more Rack locations as the company continues evolving the off-price part of its business, with a new logo and branding initiative an additional part of the effort. The latest round of Nordstrom Rack openings announced included Macedonia, OH, a 28,000...
by Mike Duff | Mar 20, 2023 | Retail Articles
Nordstrom has announced plans to open a pair of its off-price Nordstrom Rack locations, one in San Antonio, TX, the other in Natomas in California’s Central Valley. In San Antonio, the 35,000 square-foot store will operate in Northwoods, a shopping center that...
by Mike Duff | Jan 20, 2023 | Retail Articles
For the nine-week holiday period ended December 31, Nordstrom sales decreased 3.5% versus the nine weeks ended January 1, 2022, the company reported as part of a business update. Nordstrom banner sales decreased 1.7%, while those at its off-price Nordstrom Rack banner...
by Mike Duff | Aug 24, 2022 | Retail Articles
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...