Offices? Cubicles? Nah. What about retail stores, restaurants and hotels? The location of work always changes with the times. Fields, hovels, factories — all have been home to historically significant human labor. Technology is making it easier for the workforce to put in the daily...
It’s a good time to be a retail chain. Yeah, really. The second quarter earnings season has brought a flow of positive financial news from the likes of Target (massive growth in store-based foot traffic), Macy’s (a third consecutive quarter of same-store sales growth), Walmart...
Retail is undergoing a reinvention with the rise of eCommerce, and merchants are trying new approaches to their brick-and-mortar stores. Nordstrom, for example, has rolled out a new store concept, Nordstrom Local, that premiered in West Hollywood. The idea, according to Senior Vice President of...
Following a positive reception from customers, Nordstrom Local announced two more Los Angeles locations for its hyperlocal retail concept. One store will be 1,200 square feet and located in Brentwood, while another will be a 2,200-square-foot store in the city’s downtown area. The concept may...
May 22, 2019
With loyalty, digital marketing and merchandise contributing to declines across its full-priced and off-priced businesses, Nordstrom reported first-quarter earnings that were below analysts’ expectations. The department store retailer reported revenues of $3.4 billion and earnings per share of 23 cents compared to analyst’s expectations of $3.6 billion and 43 cents. Nordstrom co-president Erik Nordstrom said in the […]
July 10, 2018
Following a positive reception from customers, Nordstrom Local announced two more Los Angeles locations for its hyperlocal retail concept. One store will be 1,200 square feet and located in Brentwood,...
September 11, 2017
Nordstrom is pondering a new type of location. Smaller, more intimate and with a greater focus on services than goods, the new store will feature things like tailoring, manicures and...
