American fashion retailer Nordstrom said on Thursday its Q3 revenue for 2018 increased by 3 percent. Net earnings for the quarter slid to 67 million US Dollars from 114 million US Dollars for the same quarter last year. The company’s sales in Q3 2018 were 3,648 million US dollars, up from 3,541 million US dollars a year earlier. The profit...
Nov 16, 2018
While many other department store chains are on the struggle bus with sales, Nordstrom is in the money. The company's e-commerce and even store sales gains are very promising. Business of Fashion reported that same-store sales rose 4 percent in the latest quarter, surpassing analyst expectations and also resulting in a 14 percent rise in shares....
Aug 20, 2018
American fashion retailer Nordstrom said on Thursday its H1 revenue for 2018 rose 6.5 percent. Profit increased by 43.9 percent from the same period last year. For the second quarter, the company's sales rose by 7.1 percent to 3,980 million dollars compared to 3,717 million dollars last year, while net earnings for the quarter increased to 162...
Aug 17, 2018
Nordstrom, Inc. just announced plans to open two more Nordstrom Rack locations. The two new stores are set to open at The Vineyards at Porter Ranch and at the Plaza El Segundo in Los Angeles. The Vineyards location is expected to boast 25,000 square feet. The flagship is scheduled to open in Spring 2019 according to a press release and will be...
May 22, 2018
