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Nordstrom Eliminating 400 Positions
Apr 20, 2016Nordstrom, Inc. (NYSE: JWN) plans to eliminate approximately 350 to 400 positions by the end of the second quarter to reduce costs by approximately $60 million in fiscal 2016. In an announcement Monday, the Seattle company said the cuts ...
Tags: Nordstrom
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Nordstrom Second Quarter Comps Rise 4.9 Percent
Aug 17, 2015Nordstrom, Inc. reported net sales reached $3.6 billion in the fiscal second quarter ended August 1, up 9.2 percent compared with a year earlier, thanks to acquisitions, the addition of 33 new retail locations and a 4.9 percent increase in ...
Tags: sport goods, Nordstrom, Inc., company sales
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Net Loss at Sears Totalled $548 Million or $5.15 Loss Per Diluted Share for Third Quarter
Dec 15, 2014For the third fiscal quarter ending November 1, 2014, retailer, Sears Holding Corp reported a marginal drop in net loss vis-a-vis the quarter ended November 2, 2013. Net loss at Sears totalled $548 million or $5.15 loss per diluted share ...
Tags: Sears Holdings, Apparel
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Nordstrom's Board of Directors Approved a Quarterly Dividend of 33 Cents Per Share Payable
Aug 25, 2014Nordstrom, Inc. announced that its board of directors approved a quarterly dividend of 33 cents per share payable on September 17, 2014 to shareholders of record at the close of business on September 2, 2014. The quarterly dividend is ...
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Nordstrom Plans to Open a Nordstrom Rack at The Center at Rancho Niguel in Laguna Niguel
Aug 12, 2014Seattle-based Nordstrom, Inc. announced plans to open a Nordstrom Rack at The Center at Rancho Niguel in Laguna Niguel, Calif. The approximately 29,500-square-foot store is scheduled to open in spring 2015. The property is owned and managed ...
Tags: Nordstrom, Nordstrom Rack, Apparel
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Nordstrom Has Launched Nordstromrack.com
May 7, 2014Seattle-based Nordstrom, Inc., has launched nordstromrack.com, a new e-commerce site and mobile app, built on a shared platform with HauteLook, Nordstrom's flash sale business. The new site gives customers access to shop Nordstrom Rack ...
Tags: Nordstrom, Online Shopping, Mobile Shopping
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Nordstrom Announced Plans to Open a Nordstrom Rack at Winrock Town Center in Albuquerque
Apr 29, 2014Seattle-based Nordstrom, Inc. announced plans to open a Nordstrom Rack at Winrock Town Center in Albuquerque, N.M. The approximately 33,500-square-foot store is scheduled to open in fall 2015. The new Nordstrom Rack will be the company's ...
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Sears May Spin off Its SAC Business From The Rest of The Company
Oct 31, 2013Sears Holdings Corp. announced it may spin off its Sears Auto Center (SAC) business from the rest of the company. The company believes that "SAC has a unique national footprint that can be leveraged to create significant value," according ...
Tags: Auto Parts, auto
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Art Van Furniture Will Open Its Second Indiana Store Early Next Year
Oct 16, 2013Art Van Furniture will open its second Indiana store here early next year as it continues its aggressive push into four states around its Michigan home base. The Warren, Mich.-based Top 100 company said it will open a 46,000-square-foot ...
Tags: Furniture, Furnishing, Art Furniture
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Store in Glendale Was Relocated by Nordstrom
Sep 23, 2013Leading fashion specialty retailer Nordstrom, Inc. opened the doors to its new, relocated store at Americana at Brand in Glendale, Calif. The 135,000 square-foot store features a fresh interior design concept, brand new farm-to-table ...
Tags: Apparel
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Nordstrom Announced Plans to Open a Second Las Vegas Area Nordstrom Rack
Sep 18, 2013Seattle-based Nordstrom, announced plans to open a second Las Vegas area Nordstrom Rack in Summerlin. The approximately 36,000-square-foot store is scheduled to open in fall 2014 at The Shops at Summerlin, a 1.6 million-square-foot ...
Tags: Apparel, Accessories
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Net Loss Attributable to Holdings' Shareholders of $194 Million
Aug 26, 2013Sears Holdings Corporation reported its second quarter 2013 results. Highlights: - Net loss attributable to Holdings' shareholders of $194 million, or $1.83 loss per diluted share, compared to $132 million, or $1.25 loss per diluted ...
Tags: Marginal Fall
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Kim Van Howe Swears She's Never Looked Better Than in The Glamour Shots
Apr 12, 2013Kim Van Howe swears she's never looked better than in the glamour shots she had taken at Sears. It was late summer, she was 27, tanned, blond and wearing a velvet peach halter, she recalled wistfully while shopping Tuesday at the Sears on ...
Tags: Portrait Studio, Toys
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Retailer Saks Incorporated Announced John Cruz Has Been Appointed Senior Vice President
Mar 27, 2013Retailer Saks Incorporated announced that John Cruz has been appointed Senior Vice President and Director of the New York City Saks Fifth Avenue flagship store effective April 29, 2013. He will report directly to Jennifer de Winter, ...
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Energy Star Award Were Awarded to Sears Holdings by EPA
Mar 22, 2013The U.S. Environmental Protection Agency (EPA) has recognized Sears Holdings with a 2013 ENERGY STAR Partner of the Year - Sustained Excellence Award for its continued leadership in protecting the environment through superior energy ...
Tags: EPA, Energy Star, energy efficiency
