NORDSTROM REPORTS A DROP OF 22% IN HOLIDAY SALES
Nordstrom said its digital sales during the holiday period grew 23 percent from 2019 levels, and represented 54 percent of total sales.
Read MoreNordstrom said its digital sales during the holiday period grew 23 percent from 2019 levels, and represented 54 percent of total sales.
Read MoreThe decrease reflects the temporary store closures for approximately 50 percent of days during the quarter due to COVID-19 in addition to moving the retailer’s Anniversary Sale.
Read MoreThe stores that will shutter have not yet been identified.
Read MoreJim Donald and Mark Tritton have been added to the retailer’s board as Kevin Turner and Gordon Smith exit.
Read MoreNordstrom said that its executive leadership group will forgo a part of their salary, and both Pete and Erik Nordstrom declining their salary from April through September.
Read MoreStarting today, all Nordstrom full-line, Nordstrom Rack, Trunk Club clubhouses and Jeffrey stores in the U.S. and Canada will close for the next two weeks.
Read MoreThe Seattle Times / October 29, 2019
Read MoreThe shop launches Friday, October 4th in nine Nordstrom stores in the U.S. and Canada.
Read MoreWhile the company’s bottom-line exceeded expectations, sales were around the low end of its expected range.
Read MoreThe oldest of Nordstrom’s three sibling co-presidents and great grandsons of the founder, Blake died this morning, January 2, 2019, in Seattle.
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