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...
by Mike Duff | Mar 16, 2022 | Home + Housewares, Retail Articles
Nordstrom Rack, looking to advance it’s Closer to You strategy, is adding three new merchandising and supply chain executives after its parent company closed out a strong fourth quarter. Parent Nordstrom named Nancy Mair, senior vice president, Rack...
by Mike Duff | Feb 16, 2022 | Home + Housewares, Kitchen Electrics, Organization & Cleaning, The Inspired Home Show 2022
As part of its Inspired Home Show efforts, Honey-Can-Do will highlight recently developed products across multiple categories including the Collapsible 3-Tier Metal Shelf on Wheels. Fitted with four casters for mobility, the Three-Tier Folding Metal Shelf on Wheels...
