Nordstrom’s net sales fell 40% during its fiscal first quarter, the company said Thursday, but the department store chain is confident it remains in a strong financial position to work through the coronavirus pandemic, unlike some of its struggling peers. Department store operators Neiman Marcus, J.C. Penney and Stage Stores have all filed for bankruptcy protection […]
A “Temporarily Closed” sign hangs in the window of Nordstrom Inc. store in the Midtown neighborhood of New York, U.S., on Friday, March 20, 2020. Gabby Jones | Bloomberg | Getty Images Nordstrom said its financial situation could become distressed if its...
Pedestrians pass in front of a Nordstrom Inc. store in the Midtown neighborhood of New York, on Friday, March 20, 2020. Gabby Jones | Bloomberg via Getty Images Nordstrom said Monday it is suspending its dividend, halting share buybacks and has drawn down $800 million...
The outside of Nordstrom’s men’s store in New York, which opened in April 2018. Source: Nordstrom Nordstrom is closing its more than 360 stores temporarily to try to curb the spread of COVID-19. The department store retailer has also withdrawn its 2020...
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.