by Mike Duff | Jun 5, 2023 | Retail Articles
Nordstrom performed better in its first quarter than Wall Street expected despite lower sales at full-line department stores and its off-price Rack operation. Net loss was $205 million, or $1.27 per diluted share, versus net earnings of $20 million, or 13 cents per...
by Mike Duff | May 15, 2023 | Retail Articles
Nordstrom has appointed Cathy Smith as chief financial officer, effective May 29, it has announced. Smith joins Nordstrom from Bright Health Group where she was chief financial and administrative officer. She will supervise financial planning and analysis, accounting,...
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 | Feb 20, 2023 | Retail Articles
The 2023 Omnichannel Experience Index study by Incisiv, in collaboration with Blue Yonder and Microsoft, recognized retail leaders that offer the richest omnichannel experience maturity across the four key areas, and it includes a company that once resisted diving...
