Nordstrom

Seattle -- Nordstrom announced it is donating one percent of every gift card sale to local nonprofits in the U.S., Puerto Rico and Canada.

"When a customer buys a gift card this Mother's Day and beyond, we hope they'll feel good knowing that the gift they're giving is a part of Nordstrom helping some great non-profit organizations do amazing things for their communities,” said Jamie Nordstrom, president of stores for Nordstrom.

Leading department store retailer Nordstrom has developed a unique approach to community giving by returning 1% of gift card sales to local nonprofit groups.

Nordstrom will use funds from gift card sales to support two giving programs: Nordstrom-directed corporate contributions and a newly-launched Employee Charitable Match program. For more than 40 years, Nordstrom selects hundreds of organizations to receive cash grants.

Seattle – Nordstrom Inc. plans to open two new Nordstrom Rack stores in Pittsburgh and Novi, Michigan. The 40,000-sq.-ft. Pittsburgh store is scheduled to open in fall 2016 at The Block Northway mall.

Seattle - Nordstrom has implemented new Oracle Retail Merchandise Operations Management and Oracle Retail Store Inventory Management solutions to support its expansion in Canada. The retailer plans to roll out the latest releases of these Oracle Retail solutions companywide to support its Nordstrom and Nordstrom Rack stores.

Sydney, Australia -- Australian omnichannel footwear retailer Shoes of Prey, which enables shoppers to design their own shoes,  has launched phase two of its “Design Your Own Shoes” studios in partnership with Nordstrom. The collaboration marks the brand’s first foray into the U.S. market, bringing its virtual design experience to a physical shop-in-shop concept.

San Juan -- The Mall of San Juan, the first upscale shopping center in Puerto Rico, officially opened its doors on March 26. The 650,000-sq.-ft. shopping center, developed through a partnership between Taubman and New Century Development, has a retail line-up includes the Caribbean's only Nordstrom and Saks Fifth Avenue. Sixty percent of the tenants are unique to the market.

The mall is certainly not dead in Puerto Rico, where Taubman Centers Inc. held the grand opening for the Mall of San Juan on Thursday.

The island's first upscale shopping center features a singular collection of retailers, more than 60% of which are unique-to-market and the Caribbean's only Nordstrom and Saks Fifth Avenue. The 650,000-square-foot shopping center was developed through a partnership between Taubman and New Century Development, Inc.

Seattle -- Nordstrom will open a full-line store in the new regional shopping center being developed by General Growth Properties in Norwalk, Connecticut.  

The three-level, 150,000-sq.-ft. store is scheduled to open in fall 2018 and will be the company's second full-line store in the state. The company opened its first Nordstrom in Connecticut in 1997 near Hartford at Westfarms Mall in Farmington.

Seattle -- Nordstrom said it plans to relocate its store in Westside Pavilion, Los Angeles, to a new site in Westfield Century City Los Angeles.

The new, three-level, approximately 149,000-sq.-ft. store is expected to open in 2017 as part of an $800 million redevelopment of Westfield Century City that includes a near doubling of specialty retail square footage. Nordstrom will continue serving customers at its Westside Pavilion store until it relocates.

Seattle -- Nordstrom Inc.’s fourth-quarter net income fell a lower-than-expected 4.9% to $255 million, down from $268 million a year earlier, even as its same-store sales topped expectations. The profit decline came amid higher costs, including those related to tech upgrades and its acquisition of Trunk Club, and increased promotions at Nordstrom Rack.