by Chandler Harvey | Jan 26, 2024 | Featured News, Retail Articles
Small-store strategies have proven popular with a number of major retailers. Macy’s, for one, has been particularly adamant about the importance of limited size and limited assortment in full-priced stores, seeing the opportunity to draw new customers to locations...
by Mike Duff | Jan 3, 2024 | Retail Articles
Nordstrom has plans to open more of its offprice operations across the United States in the year ahead, even as it drives the e-commerce element of the bargain business. In the second half of 2023, the company announced it would open new Nordstrom Rack locations...
by Mike Duff | Nov 27, 2023 | Retail Articles
Nordstrom beat a Wall Street estimate on earnings in the third quarter while falling short on revenue as the retailer winds down Canadian operations and deals with softer consumer spending. Net earnings were $67 million, or 41 cents per diluted share, versus a loss of...
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 | Aug 28, 2023 | Retail Articles
As it winds down its Canadian operations, Nordstrom managed a big earnings beat and a smaller one on revenues. Net earnings were $137 million, or 84 cents per diluted share, versus $126 million, or 77 cents per diluted share, in the year-before quarter, the company...
