Nordstrom Inc

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Off-Price Retail Is Turning Into a Bad Bet

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Both TJX, which also owns Home Goods, and Nordstrom are making big bets by adding more off-price stores. Meanwhile, comparable store sales at Nordstrom Rack plunged 5%, and are down 2.3% so far this year. Retailers generally look to open more stores as long as underlying growth can support it, but what happens when comparable sales suddenly slow like they are with TJX and Nordstrom Rack? Opening new stores will only work until it doesn't, and even the off-price retailers like Ross and Burlington that are still seeing growth need to keep that in mind.

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REI winter sale; Nordstrom Rack holiday deals

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Last days of the REI Winter Sale, doorbusters at the Rack and Sirius XM free days. Produced By Advertising Publications. Nordstrom Rack Doorbusters: For the first time, the Rack will have Black Friday Doorbusters with more than 150 special items starting at $10 on Friday. Nordstrom’s discount arm will also offer free shipping Nov. 24–27. SiriusXM free days: Listen to the satellite-radio provider for free through Nov. 27. If the service is inactive in your car, just turn it on and tune in 100 channels of commercial-free music, news, comedy, sports talk radio and more.

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seattletimes.com
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Friday, November 17


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Retailers Experiment With a New Philosophy: Smaller Is Better

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The 3,000-square-foot space — Nordstrom balks at calling it a showroom and instead refers to it as a concept store focused on service experiences — employs a handful of specialists. The outfits are usually requested from a nearby, full-size Nordstrom store and delivered — sometimes within hours — for customers to try on amid the sleek settees in Local’s dressing area. Walmart said it is holding off on showrooms for its namesake stores. This fall, the company, which is known mostly for its apparel and beauty offerings, put furniture showrooms in several of its stores;

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nytimes.com
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Brick-and-mortar retailers accommodate online shoppers - In Other News - Crain's Chicago Business

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Shoppers at the State Street store can pick up online orders in a corner of the first floor called the At Your Service ​ station. This requires rethinking brick-and-mortar space and turning physical stores into de facto logistics hubs. The five-year-old boutique has noticed a spike in sales since becoming a Happy Returns drop-off site earlier this year, she says. Manager Audrey Planck says 75 percent of Neighborly's Happy Returns drop-offs come from people who have not previously been in the store, and 25 percent of them buy something.

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chicagobusiness.com
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Pop-In@Nordstrom Holidays Featuring MoMA Design Store

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Pop-In@Nordstrom Holidays Featuring MoMA Design Store is available in eight Nordstrom locations and online at Nordstrom. Each item selected by MoMA Design Store is product-tested using real-life scenarios, and reviewed by MoMA curators. MoMA Design Store offers curator-approved products that bring quality, creativity, and design innovation to everyday living. Kim's Creative Projects initiatives have established Nordstrom as a platform to test retail concepts, bring limited distribution collections to customers, and introduce them to the best up-and-coming brands and new talent.

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Retail progress reports - GAP and Nordstrom ready for omni-channel Holidays

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The ability to meet our customers where they are and deliver an exceptional experience, whether that is online, on a mobile device, or in our 3,300 stores around the world. We’ve also continued to build on our features and functionality and capability in our web and app-based technologies to improve the customer experience. [One] way we’re engaging with customers on their terms is our Reserve Online and Try In-Store service, which we recently expanded to more than 50 stores across the country. We’re focused on making Nordstrom a convenient place for customers to do their Holiday shopping.

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diginomica.com
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Thursday, November 16


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Amazon, Nordstrom deal may bring luxury brands to the masses, NYU marketing professor says

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Scott Galloway, 'The Four' author and NYU Stern marketing professor, who predicted Amazon’s acquisition of Whole Foods, has now come out with a new prediction: Amazon is now setting its sights on luxury department store Nordstrom. Amazon, Nordstrom deal may bring luxury brands to the masses, NYU marketing professor says. According to Galloway, Nordstrom would help give Amazon immediate access to access to most luxury brands. It’s much easier … once you have Chanel, every other brand will follow.

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foxbusiness.com
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Nordstrom (JWN) Continues to Expand, Opens Store in Arizona

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These Racks usually keep items from the main Nordstrom stores as well as online store, Nordstrom. Going forward, this fashion specialty retailer is scheduled to open 11 Rack stores this fall as well as one relocation in markets that include Los Angeles, Manhattan and Seattle. Click here for Zacks' private trades >>. from stocks under $10 to ETF and option moves .

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Nordstrom Stock: How Analysts Rate It after 3Q17 Results

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Following the fiscal 3Q17 results, many analysts revised their price targets for Nordstrom stock. A Look at Nordstrom after Its Fiscal 3Q17 Results PART 5 OF 5. Nordstrom Stock: How Analysts Rate It after 3Q17 Results. A temporary password for your new Market Realist account has been sent to your e-mail address. In its full-line stores, Nordstrom offers the buy-online-pick-up-in-store feature with an option for curbside service.

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marketrealist.com
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Why Nordstrom’s Earnings Fell in Fiscal 3Q17

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In fiscal 3Q17, Nordstrom (JWN) beat analysts’ earnings estimates for the sixth consecutive quarter. Receive e-mail alerts for new research on JWN. has been added to your Ticker Alerts. Nordstrom’s adjusted EPS fell 15.5% on a year-over-year basis in fiscal 3Q17. The fall was due to higher occupancy expenses and a rise in technology and supply-chain expenses to support the company’s growth initiatives.

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marketrealist.com
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