
Nordstrom Inc raised its annual profit and revenue forecasts on Tuesday as the upscale retailer counts on demand from affluent consumers to help it overcome decades-high inflation.
102 published items with the word (s) or phrase Rack in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Nordstrom Inc raised its annual profit and revenue forecasts on Tuesday as the upscale retailer counts on demand from affluent consumers to help it overcome decades-high inflation.
Nordstrom released on Friday its 2021 Impact Report, which highlights the progress the company made during the year towards its 2025 corporate social responsibility and diversity, inclusion and belonging goals.
Nordstrom Inc. announced on Monday the appointments of Ken Worzel and Jamie Nordstrom to the newly created roles of chief customer officer and chief stores officer, respectively.
Nordstrom announced on Monday that it is expanding its Beautycycle program to Nordstrom Rack locations.
U.S. department store Nordstrom announced on Thursday the appointment of Amie Thuener to its board of directors.
U.S. department store Nordstrom announced on Tuesday the appointment of three retail executives to its off-price Rack division, as the retailer homes in on merchandising and supply chain operations across its network.
Nordstrom forecast full-year revenue and profit above estimates on Tuesday, signaling strong demand for its upscale apparel and footwear as Americans resume normal life, and driving its shares up 38% in extended trading.
Wall Street expects Macy's Inc to report the biggest jump in holiday sales among U.S. department stores when it reports quarterly results on Tuesday.
Retailers' longer return policies, launched during the pandemic to lure consumers, could leave them facing higher costs if shoppers bring back a record-setting $112bn in gifts bought during the long holiday season.
Nordstrom has reportedly hired consulting firm AlixPartners to explore a spinoff of its off-price Rack business.