The Seattle-based retailer erroneously charged delinquent credit-card accounts a too-high interest rate, resulting in a $72 million hit to earnings – 28 cents per share...
The company isn't saying how many of its employees may be impacted by the security breach it alerted workers to this week.
The boutiques are part of the retailer's local-market strategy, providing an expanded array of services and shopping options to Los Angeles customers.
Same-store sales grew at 4 percent, the best performance for Nordstrom since 2015.
After four years of investing in new online services, markets and acquisitions, the high-end Seattle retailer says stronger financial results are on their way.
Nordstrom's first no-inventory store opened last fall in West Hollywood.
Nordstrom's first quarter profit of 51 cents a share beat analyst estimates. The Seattle-based retailer said sales were up 6.3 percent from a year earlier.
Nordstrom family members were apparently unwilling or unable to substantially boost their $50-a-share offer for the company that bears their name, prompting the retailer’s independent...
The Nordstrom family group’s quest to take the Seattle retailer private was brusquely rejected this past week by the company’s independent directors, citing the “inadequate”...
The Nordstrom family offered $50 a share to buy the retailer and take it private. A special board committee rejected the offer as "inadequate."
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