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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 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 Decides Against Increased E-Commerce Investment
News

Nordstrom Decides Its Future In E-Commerce

... commerce as both its enemy and potential salvation, but now Nordstrom has decided to pull back from planned e-commerce infrastructure ... city’s government received identical letters from co-president Erik Nordstrom saying the firm decided to put the deal off, ...

Jun 21, 2016
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Inside Nordstrom's New 363k SF Flagship Store
News

Inside Nordstrom's New 363k SF Flagship Store

... being built by Extell Development, will become the centerpiece of Nordstrom's flagship store, with seven levels of retail space— ... a simultaneously accessible and urbane public space." In addition, Nordstrom will restore or rebuild the street-level façades of ...

Feb 15, 2016
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Nordstrom
News

Is Nordstrom The Next Major Retailer To Be Acquired By Amazon Or Walmart?

... Walmart and Amazon could have their sights set on a Nordstrom takeover, Retail Dive reports. The Seattle-based department store ... for several months. In June, the company announced that six Nordstrom heirs were considering buying 70% of the business for ...

Aug 28, 2017
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Financial Markets, Bonds, Stock Market
News

These S&P 500 Stocks Jumped At Least 20% In Q3

... cut.  Q3 Total Return: 37% H1 2016 Total Return: -22%  Nordstrom shares continue to climb after the company reported strong quarterly ...

Oct 04, 2016
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Legacy Retailers Plan A Comeback, Big Brands Move Forward
News

Legacy Retailers Plan A Comeback, Big Brands Move Forward

... pilot program the company started near its Arkansas headquarters. Nordstrom Nordstrom is opening a second location for its no-inventory ... in Downtown Los Angeles, Retail Dive reports. Its first Nordstrom Local will open Oct. 5 in the Brentwood neighborhood, ...

Oct 02, 2018
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Taco Bell To Roll Out 300 Small-Format Locations As Retail Shrinkage Trend Continues
News

Taco Bell To Roll Out 300 Small-Format Locations As Retail Shrinkage Trend Continues

... and making appointments with individual sales people. Nordstrom's small concept Nordstrom Local is even more radical, eschewing physical ... , interactions with employees and even drinks in-store. Nordstrom Local also launched in Los Angeles, and like Nike ...

Sep 13, 2018
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