The Seattle retailer's quarterly income saw a strong gain from the corporate tax cut, it said in releasing results Thursday.
In the wake of disappointing holiday sales at its full-line stores, Nordstrom will shutter stores in Virginia and Florida.
The Seattle-based chain gave an update to its holiday sales that were seen as disappointing, prompting a number of analysts to lower their price targets.
Blake Nordstrom, who disclosed a lymphoma diagnosis in December, is remembered by employees, customers and others as a humble leader who treated employees as family....
The company co-president said his doctors are optimistic about the prognosis of treatable lymphoma.
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.
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