by Mike Duff | Sep 3, 2024 | Retail Articles
Nordstrom Rack performed well in its parent company’s latest quarterly financial results. The department store operator’s expanding off-price banner has helped drive sales advances above the company’s overall comparable-store gains, and several more Rack...
by Mike Duff | Aug 30, 2024 | Retail Articles
Nordstrom posted gains in revenues, comparable sales and adjusted net earnings during a second quarter when the company and the home category got a boost from the company’s annual Anniversary Sale. Net earnings were $122 million, or 72 cents per diluted share, versus...
by Mike Duff | Jun 28, 2024 | Retail Articles
With the 2024 Nordstrom Anniversary Sale set to begin July 15, the company is encouraging consumers to use its app to explore new arrivals from housewares brands. An early-access sale for Nordstrom loyalty members begins July 9, and the sale continues through August...
by Mike Duff | Jun 3, 2024 | Retail Articles
As the founding family pursues a buy-out of the company, Nordstrom posted a deeper-than-expected loss in the first quarter, although sales surpassed Wall Street expectations. Nordstrom posted a net loss of $39 million, or 24 cents per diluted share, versus a net loss...
by Mike Duff | Apr 30, 2024 | Retail Articles
To expand and freshen the range of products available to its customers, Nordstrom is launching its own marketplace online as it upgrades its digital operation. Nordstrom stated that the marketplace would allow it to add more products, as well as brands and sizes that...
