by Mike Duff | Jun 10, 2025 | Retail Articles
Nordstrom and Macy’s announced they will expand the scope of their off-price operations as they work to attract a new crop of customers, often younger and more value-driven than the retailers’ core department store shoppers. Expansion of Nordstrom Rack and...
by Mike Duff | May 16, 2025 | Retail Articles
With quarterly results upcoming from a range of retailers, Placer.ai looked at how foot traffic has fared at stores that are about to report earnings. In looking at store traffic, Placer.ai reported: TJX Cos. First-quarter visits to T.J. Maxx increased 3.8%...
by Mike Duff | Jan 14, 2025 | Retail Articles
In previewing early fourth-quarter results, including the 2024 holiday season, Nordstrom came out ahead of Macy’s, which still made some notable gains. In discussing the early results, Macy’s touted the strength and upcoming expansion of its First 50 remodeled stores...
by Mike Duff | Jan 3, 2025 | Retail Articles
After a long pursuit, the Nordstrom family is taking its namesake retail company private with help from Mexican retailer El Puerto de Liverpool. Led by current executives Erik, Pete, Jamie Nordstrom and including other members of the family, the all-cash transaction...
by Mike Duff | Dec 9, 2024 | Retail Articles
Nordstrom sales and earnings outperformed Wall Street estimates in the third quarter, highlighted by solid comparable sales gains in the company’s department store and the off-price businesses. Net earnings were $46 million, or 27 cents per diluted share, versus...
