Nordstrom

Nordstrom Inc. is an American chain of luxury department stores, also operating in Canada and headquartered in Seattle, Washington.

Source: shop.nordstrom.com

Brands Unveil Live Events as Consumers Spend More on Experiences
Brands Unveil Live Events as Consumers Spend More on Experiences
June 18, 2024  |  Retail

As consumers splurge on experiences while being more conservative in their retail spending, brands are finding that if they want to capture the public’s enthusiasm...

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Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
June 13, 2024  |  Retail

As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying...

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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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Department Stores Aim to Attract Gen Z and Millennials
Department Stores Aim to Attract Gen Z and Millennials
May 20, 2024  |  Retail

Macy’s, Kohl’s, Nordstrom and other department stores are reportedly facing a pressing challenge in attracting younger customers. The rise of social media, specialty retailers, big-box stores and online...

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Report: Sycamore Partners Interested in Taking Nordstrom Private
Report: Sycamore Partners Interested in Taking Nordstrom Private
May 03, 2024  |  Retail

Sycamore Partners, a buyout equity firm that owns department store operator Belk, is reportedly among the firms interested in taking Nordstrom private. The company is...

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Nordstrom to Roll Out Digital Marketplace, Enhanced Search Feature
Nordstrom to Roll Out Digital Marketplace, Enhanced Search Feature
April 29, 2024  |  Retail

Nordstrom will roll out a new digital marketplace on its website, Nordstrom.com, along with an enhanced search feature. The marketplace will provide the luxury retailer’s customers with...

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Nordstrom CEO, President Aim to Take Company Private
Nordstrom CEO, President Aim to Take Company Private
April 18, 2024  |  Retail

Nordstrom CEO Erik Nordstrom and President Pete Nordstrom have told the retailer’s board that they’re interested in taking the company private. As a result, the board has formed a special...

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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 Mulls New Privatization Bid as Department Stores Struggle
Nordstrom Mulls New Privatization Bid as Department Stores Struggle
March 19, 2024  |  Retail

Nordstrom’s founding family is reportedly mounting another effort to take the retailer private. The department store chain is in negotiations with banks on the deal, Reuters reported...

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