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Nordstrom

  • Seeing past the ‘core customer’: Channel-blurring means retailers should embrace complexity -- and even paradox

    By Joseph R. Bona, [email protected]

  • DCP, Nordstrom celebrate 45th anniversary of 'it's a small world'

    SEATTLE -- Disney Consumer Products has partnered with Nordstrom to launch a new line of children's apparel, accessories and footwear in honor of the 45th anniversary of the "it's a small world" attraction at Disneyland. 

  • Nordstrom to acquire HauteLook

    Seattle -- Nordstrom announced today it has entered into an agreement to acquire HauteLook, a leader in the online private sale marketplace. The company said the acquisition will enable Nordstrom to participate in the fast-growing private sale marketplace and provide a platform to increase innovation and speed in the way it serves customers in all channels.

  • Reinvented Department Stores and Malls See Robust Rebound

    Department stores and shopping centers malls are gaining market share for the first time in three decades, according to consultants Customer Growth Partners, and this month most will report their best annual earnings in years -- if not ever.

    “Department stores from Macy’s to Nordstrom, and mall operators from Macerich to Simon, have used the recession not just to cut costs, but to reinvent themselves,” said Craig Johnson, president, Customer Growth Partners, a consulting and research firm serving retail and other consumer industries.

  • J.C. Penney disappoints, Dillard’s shines in January

    New York City -- Dillard’s was the clear winner in the department store category in January, posting a same-store sales increase of 6%, which edged results from both Macy’s and Saks.

    J.C. Penney Co. was the big disappointment, as same-store sales dropped an unexpected 1.2%. A survey of analysts by Thomson Reuters produced a consensus estimate of same-store sales up 1.8%.

    The retailer said January sales were impacted by lower levels of clearance inventory as well as by adverse weather conditions.

  • Nordstrom Rack to open first Kansas City area store

    Lenexa, Kan. -- Seattle-based Nordstrom announced plans to open its first Nordstrom Rack in Kansas. The 34,925-sq.-ft. store will be located in Lenexa at the Orchard Corners shopping center and is expected to open in fall 2011.

  • Nordstrom names new directors

  • Nordstrom profit soars 43% in Q3

    Seattle -- Nordstrom said its third-quarter profit rose a more-than-expected 43% to $119 million on improved sales and margin improvements. The company raised the low end of its fiscal year profit forecast.

    Revenues rose to $2.18 billion from $1.96 billion. Same-store sales increased 5.8%.

    Best-selling items were jewelry, shoes and dresses.

    "Our customers are highly receptive to newness and fashion in spite of the soft economic climate," company president Blake Nordstrom said in a conference call with analysts.

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