Welcome to our dedicated page for Nordstrom news (Ticker: JWN), a resource for investors and traders seeking the latest updates and insights on Nordstrom stock.
Nordstrom, Inc. (JWN) maintains its position as a leader in fashion retail through strategic innovation and customer-centric service. This news hub provides investors and industry observers with direct access to the company's official announcements and market-moving developments.
Track earnings reports, merchandising initiatives, and leadership updates alongside analyses of Nordstrom's evolving retail strategy. The curated collection spans operational milestones from both full-price and Nordstrom Rack divisions, offering insights into omnichannel growth and competitive positioning.
Key content categories include quarterly financial disclosures, sustainability efforts, store network expansions, and partnership announcements. Regular updates ensure stakeholders maintain current awareness of factors influencing JWN's market performance and long-term trajectory.
Bookmark this page for efficient monitoring of Nordstrom's corporate communications. Combine historical context with real-time updates to inform your retail sector analysis and investment decisions.
Nordstrom (NYSE: JWN) has announced plans to open a new Nordstrom Rack store in Lubbock, Texas in fall 2025. The 30,000-square-foot store will be located in West End Center, alongside retailers like Costco and Nike Factory Outlet. The store will offer up to 70% off on brand merchandise and provide services including online order pickup from Nordstrom.com and NordstromRack.com.
This expansion adds to Nordstrom's existing Texas presence of 8 Nordstrom stores and 23 Nordstrom Rack locations, which currently employ over 3,700 people statewide. The new location aligns with the company's Closer to You strategy, focusing on delivering convenient and interconnected shopping experiences across stores and digital platforms.
Nordstrom NYC unveils 'The Blizz on 57th Street' holiday campaign at its flagship store, featuring larger-than-life inflatable characters voiced by John Waters and Fran Drescher. The installation, part of the Wonder All the Way campaign, transforms the store with interactive elements including Mr. Blizz at the entrance, Pigeonthia (a fortune-telling pigeon), and Wonder Ring (a token-operated machine). The experience includes a treasure map with sticker collection and the return of the Santa Snow Show from November 29th through December 24th. The display will run through January 5th, 2025, creating an immersive shopping destination and visual spectacle.
Nordstrom (JWN) reported strong Q3 2024 results with net earnings of $46 million and EPS of $0.27. Total net sales increased 4.6% with comparable sales up 4.0%. Nordstrom Rack showed significant growth with net sales up 10.6%, while the main Nordstrom banner sales increased 1.3%. Digital sales grew 6.4%, representing 34% of total sales. The company saw double-digit growth in women's apparel and active categories, with shoes, men's apparel, and kids showing mid to high single-digit growth. Gross profit margin improved to 35.6%, up 60 basis points from last year.
Nordstrom (NYSE: JWN) has announced that its board of directors has approved a quarterly dividend of 19 cents per share. The dividend will be payable on December 18, 2024, to shareholders who are on record at the close of business on December 3, 2024.
Nordstrom (NYSE: JWN) announced plans to open a new Nordstrom Rack store in Lakeland, Florida in fall 2025. The 30,000-square-foot store will be located in Lakeside Village shopping center. The new location will offer up to 70% off on apparel, accessories, beauty products, home decor, and shoes, along with services like online order pickup and returns. This expansion adds to Nordstrom's existing Florida presence of 6 Nordstrom stores and 19 Nordstrom Rack locations, which currently generate over 2,800 jobs statewide.
Nordstrom (NYSE: JWN) announced plans to open a new Nordstrom Rack store in Meridian, Idaho in fall 2025. The 25,000-square-foot store will be located in The Village at Meridian shopping center. The new location will offer up to 70% off on retail items and provide services including online order pickup from Nordstrom.com and NordstromRack.com. This expansion aligns with the company's Closer to You strategy, focusing on delivering a more interconnected experience across stores and digital platforms. The store will join other retailers like Lego, Evereve, Warby Parker, and Brandy Melville in the shopping center.
Nordstrom (NYSE: JWN) has unveiled a refreshed mobile app to enhance holiday shopping experience, featuring improved search capabilities, personalized recommendations, and trend reports powered by AI. The company is offering free 2-day shipping in over 25 major markets, same-day and next-day pickup options, and free styling services. The retailer has added over 300 new brands through its digital marketplace and introduced various gift selections at different price points. Nordstrom NYC will launch 'The Blizz on 57th Street' installation on November 27, featuring special holiday packages and experiences. Additionally, Nordstrom Rack is expanding its services with buy online pick-up in store at over 100 locations and introducing 'Rush the Rack,' an exclusive app feature for Nordy Club members.
Nordstrom (NYSE: JWN) has announced it will release its third quarter 2024 financial results after market close on Tuesday, November 26, 2024. The company will host a 45-minute conference call at 4:45 p.m. EST, where senior management will discuss Q3 results and provide their 2024 outlook. The call will be accessible via telephone and audio webcast through investor.nordstrom.com. A replay will be available through December 3, 2024, via telephone using Conference ID 13750079 and on the company's investor website.
Nordstrom, Inc. (NYSE: JWN) has announced plans to open two new Nordstrom Rack stores in Florida. The stores will be located in Melbourne and Sarasota, opening in fall 2025 and spring 2026, respectively. The Melbourne store will be a 24,000-square-foot space in The Avenue Viera, while the Sarasota location will be a 27,000-square-foot store in Sarasota Pavilion.
These new stores will offer up to 70% off on-trend apparel, accessories, beauty products, home decor, and shoes from top brands sold at Nordstrom stores. They will also provide services such as online order pickup for Nordstrom.com and NordstromRack.com, easy returns, and alterations at select stores. The expansion aligns with Nordstrom's Closer to You strategy, focusing on delivering a more convenient and interconnected customer experience across stores and digital platforms.
Nordstrom, Inc. (NYSE: JWN) has announced plans to open a new Nordstrom Rack store in Prosper, Texas, scheduled for fall 2025. The 26,000-square-foot store will be located at The Gates of Prosper shopping center, owned by Blue Star Land. This expansion is part of Nordstrom's Closer to You strategy, focusing on delivering a more convenient and interconnected experience across stores and digital platforms.
Nordstrom Rack offers up to 70 percent off on-trend items from top brands sold at Nordstrom stores. The new location will provide services such as online order pickup for Nordstrom.com and NordstromRack.com, easy returns, and alterations at select stores. This addition expands Nordstrom's presence in Texas, where it currently operates 8 Nordstrom stores and 23 Nordstrom Rack stores, generating over 3,800 jobs statewide.
