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News

Nordstrom Is Ditching The Traditional Shopping Concept

... Park Tower flagship store is set to open in 2019. Nordstrom shares rose 5% Wednesday morning after it was announced ... Green & Partners to take the department store private. The Nordstrom family has been considering taking the chain private for several ...

Sep 13, 2017
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Nordstrom Is Slashing Jobs—Are Luxury Shoppers Going Down?
News

Nordstrom Is Slashing Jobs—Are Luxury Shoppers Going Down?

Nordstrom announced Monday it’s dropping 400 jobs at its corporate ... failing to boost sales as much as in previous years.Nordstrom's job slashing follows similar moves last year by retailers ...

Apr 19, 2016
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Nordstrom Targets Millennials At Festivals
News

Nordstrom Targets Millennials With Music Festival Foray

Nordstrom is employing a new tactic to stay relevant with Millennials— ...

Mar 23, 2016
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NORDSTROM TO OCCUPY QWEST PLAZA
News

NORDSTROM TO OCCUPY QWEST PLAZA

... Clarion Investment Partners for $137M, announced earlier this week. Nordstrom plans to lease more than 300k of the building, with ... Real Estate's Clay Nielsen and Doug Hanafin repped Nordstrom in the lease, with Urban Renaissance Group representing Clarion.

Apr 05, 2012
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Nordstrom Sets New Growth Path By Adding 22 Discount Stores
News

Nordstrom Sets New Growth Path By Adding 22 Discount Stores

... 258 Rack locations in the U.S. and 93 Nordstrom stores.  Nordstrom executives said net sales of the Rack brand increased ... 150 stores, including its flagship store in San Francisco.  Nordstrom executives said the retailer will also expand customer access via ...

Mar 07, 2024
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Nordstrom Explores Going Private
News

Nordstrom Explores Going Private

... deal after talks fell apart in 2018.  In 2017, the Nordstrom family explored a deal with numerous private equity firms, including ... to up the price, using Leonard Green's equity and Nordstrom’s ability to get more debt and third-party financing ...

Mar 19, 2024
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Nordstrom Store Moving To Westfield UTC
News

Nordstrom Store Moving To Westfield UTC

... family-friendly amenities at the UTC location. Nordstrom Inc president Erik Nordstrom said Nordstrom’s latest store design concepts will be ... , but has not disclosed what will replace the Nordstrom store. Nordstrom is the last of the original anchors to leave ...

Jun 30, 2016
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One of Nordstrom Rack's Oregon locations.
News

Nordstrom Rack Defies Retail Closure Blues, Plans New Store In Portland

... company said it will open a new Nordstrom Rack this fall at the Cascade Station ... The new store will be the fifth Nordstrom Rack in the Portland area. Portland was ... home to the first stand-alone Nordstrom Rack store, which opened in Clackamas in ...

Mar 10, 2017
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Nordstrom store
News

Nordstrom Heirs Consider Taking Struggling Department Store Chain Private

... be in a stronger position than most, the Journal reports. Nordstrom has fewer locations than Macy’s, JC Penney and Sears ... , which recently announced 66 additional store closures, and Nordstrom is mostly in high-end malls. The retailer’s stock ...

Jun 09, 2017
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Nordstrom Rack Comes to Fifth and Market
News

Nordstrom Rack Comes to Fifth and Market

... -price retail division of Nordstrom, Inc., carrying on-trend merchandise from Nordstrom stores and Nordstrom.com at 50 to ... 60 percent off original Nordstrom prices. Nordstrom Rack also offers ...

Apr 11, 2013
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