Skip to main content

Nordstrom

  • Luxury brands grab online holiday shoppers through digital disruptors

    Upscale brands are grabbing the attention of holiday procrastinators.   Three in 10 shoppers are still scrambling to finish holiday shopping, according to the National Retail Federation, and many are jumping online in search of their perfect, albeit “last minute” holiday gifts.   

  • Nordstrom takes e-gifting to the next level this holiday season

    Nordstrom is making it even easier for its online customers to pick out the perfect holiday gift.   Through its partnership with CashStar, the department store chain now features Product eGifting, a platform that enables customers to visit Nordstrom.com, select a gift and send it, along with a personal message, via email. Shoppers select a product and enter the recipient’s email to send the e-gift. Recipients receive an email that contains a personal message and gift description.   

  • Nordstrom expands its B2B gift card program

    Nordstrom is taking its gift card program industry-wide.   Leveraging its partnership with CashStar, Nordstrom is using the CashStar Business platform to streamline the sale of its gift cards — both plastic and digital — to business partners.   Called the Nordstrom Gift Cards for Business program, the department store retailer is streamlining orders, and enabling partners to securely place, pay for and manage orders, as well as load cards with $5 to $2,000 per card.  

  • Department store retailer strong in Q3, raises outlook

    Nordstrom delivered a strong performance in its fiscal third quarter even as a hefty charge related to its Trunk Club business ate into its profit.   Total net sales rose 7.2% to a better-than-expected $3.5 billion from $3.2 billion a year ago, fueled by the shift of the company’s popular anniversary sale to the quarter. Same-store sales increased 2.4%, also more than expected. As it has done in recent past quarters, Nordstrom Rack outpaced the full-priced division, Net sales were up more than 10%, and same-store sales rose nearly 4%.

  • Nine Predictions for the 2016 Retail Holiday Season

    With Halloween now behind us, the unofficial start of the 2016 retail holiday season is upon us. Amid intensifying competition, where are retailers placing their bets?     Here are observations and expectations from Profitero for the critical fourth quarter seasonal period:   

  • Nordstrom focuses on customers in holiday marketing

  • Moody’s: Slow supply chains are department stores' Achilles heel

    Relatively slow supply chains are hindering department stores’ ability to compete effectively in today’s retail market.     

  • Nordstrom on the hunt for new CFO

    Nordstrom’s longtime CFO is stepping down.    Nordstrom announced that executive VP and CFO Mike Koppel has decided to retire from the company in spring 2017. Koppel will remain in his role until then to support the search for a new CFO and assist with his successor's transition.    Koppel joined Nordstrom in 1999 and has been the company's finance head since 2001.  
X
This ad will auto-close in 10 seconds