Nordstrom Rack

Digital Transactions Now 37% of Nordstrom’s Total Sales, CEO Says
Digital Transactions Now 37% of Nordstrom’s Total Sales, CEO Says
August 27, 2024  |  Retail

Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory. During the company’s second-quarter earnings call Tuesday (Aug. 27), CEO Erik Nordstrom said...

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Nordstrom Sees Exclusive Events Drive Luxury Shoppers’ Loyalty
Nordstrom Sees Exclusive Events Drive Luxury Shoppers’ Loyalty
May 30, 2024  |  Earnings

As retailers look for ways to boost sales with their most loyal customers, Nordstrom is finding that supplementing its digital loyalty program with in-person events...

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Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
March 20, 2024  |  Retail

The U.S. retail industry may be on the brink of a significant transformation as department store chains Nordstrom and Macy’s consider a shift toward private-equity...

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Nordstrom Looks to Digital Transformation to Drive Premium Sales
Nordstrom Looks to Digital Transformation to Drive Premium Sales
March 05, 2024  |  Earnings

As Nordstrom looks to return its full-priced banner to revenue growth, the department store chain is turning to digital technology to meet upscale shoppers’ increasing...

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Retailers Play the Value Card to Capture Consumer Spend
Retailers Play the Value Card to Capture Consumer Spend
November 28, 2023  |  Retail

Whether a retailer rang up a sales symphony or lagged behind this quarter, they all evaluated a common make-or-break factor: the significance of delivering value...

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Nordstrom’s Off-Price Destination Falls Short on Value
Nordstrom’s Off-Price Destination Falls Short on Value
November 22, 2023  |  Retail

Nordstrom, once known for its opulent runway and exceptional service, is increasingly delving deeper into substantial discounts to navigate financial challenges. But is it working?...

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Nordstrom Says 90% of Loyalty Members Shopped Its Anniversary Sale 
Nordstrom Says 90% of Loyalty Members Shopped Its Anniversary Sale 
August 24, 2023  |  Retail

In March, PYMNTS reported on Nordstrom’s shift from its prior reputation of luxury and exceptional service to utilizing substantial discounts to manage inventory, resulting in...

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Nordstrom Defies Retail Slump With Surprising Quarterly Profit and Strong Revenue Growth 
Nordstrom Defies Retail Slump With Surprising Quarterly Profit and Strong Revenue Growth 
June 01, 2023  |  Retail

In the previous quarter, PYMNTS dubbed Nordstrom’s strategy of excessive discounting as the “big blue mistake.” However, on Wednesday (May 31), the retailer has proven...

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Nordstrom Closes San Francisco Stores as Foot Traffic Falls
Nordstrom Closes San Francisco Stores as Foot Traffic Falls
May 04, 2023  |  Retail

Nordstrom is reportedly shuttering two of its San Francisco stores amid declining foot traffic. That’s according to a Wednesday (May 3) Wall Street Journal report,...

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