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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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Macy's, Macys
News

Department Store Shares Plummet As Macy's, Kohl's Report Weak Q1 Same-Store Sales

... falling about 13% to $25.40, and competitors Kohl's, Nordstrom, Dillard's and J.C. Penney all suffered more than ...

May 11, 2017
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Kimco Realty CEO Conor Flynn
News

Investors Skeptical As Retail REITs Experience Occupancy, Rent Surge

... growing, like successful omnichannel concepts and off-brand concepts like Nordstrom Rack and Marshalls, are comfortably filling vacancies. The decline of ...

Mar 02, 2017
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shopper, retail
News

Off-Price Retailers Succeed While Traditional Retailers Shrink

... 140 stores over the next few months, Reuters reports. Nordstrom watched its comparable sales fall 2.9% over the ... the Washington Post reports. The contrast continued beyond Nordstrom and Nordstrom Rack as traditional retailers struggled while sellers like TJ ...

Feb 24, 2017
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TJ Maxx
News

Off-Price Retailers Grab Market Share, Sales While Department Stores Falter

... the market, experts said TJX Cos, Ross Stores, Burlington and Nordstrom Rack are expected to dominate this year. TJX is the ...

Feb 02, 2017
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Macy's
News

Macy’s To Launch 45 Discount Pop-Up Units At Its Stores To Drive Sales

... . Maxx—which reported strong same-store sales in Q3—and Nordstrom Rack. In an effort to expand its own outlet channels ...

Nov 17, 2016
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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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Malls Push Out Department Store Anchors To Make Room For Better Tenants
News

Malls Push Out Department Store Anchors To Make Room For Better Tenants

... retailers predicted to drive more traffic.In an Orlando mall, Nordstrom was kicked out to make way for a crayon-based ...

Jul 11, 2016
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$1.5B Deal: Honeywell Buys Out Intelligrated
News

Honeywell Buys Out Warehouse Automation System Supplier For $1.5B

... .5B cash deal.Intelligrated counts United Parcel Service, Amazon and Nordstrom among its customers, and it’s just the sort of ...

Jul 05, 2016
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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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