Nordstrom news and archive

Nordstrom hires Kelly Dilts from Dollar General as new CFO

Nordstrom, Inc. today announced the appointment of Kelly Dilts as its new chief financial officer, with her tenure effective August 29. Dilts transitions to Nordstrom from Dollar General, where she has served as executive vice president and chief financial officer since 2023. In her new role at Nordstrom, Dilts will be responsible for overseeing...

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Ana Luisa signs wholesale partnership with Nordstrom for nationwide rollout

Ana Luisa may be coming to a Nordstrom near you, as the direct-to-consumer jewelry brand has entered into a wholesale partnership with the US department store chain. The agreement sees Ana Luisa launch in 25 Nordstrom stores across the country, including locations in California, New Jersey, Florida, and Illinois. Ana Luisa's wholesale launch...

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Nordstrom Rack to open a new store in Florida

Seattle-based department store chain Nordstrom, Inc. is set to open a new Nordstrom Rack store in Pompano Beach, Florida, come fall 2026. The expansion is part of the company’s broader efforts to grow its presence and market share in the region. "We look forward to being a part of the Pompano Beach community and serving our customers with an...

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Nordstrom goes private: Acquisition complete, delisted from NYSE

Department store chain Nordstrom has announced the successful completion of its acquisition by a group comprising members of the Nordstrom family, including Erik, Pete, and Jamie Nordstrom, along with Liverpool. The transaction, valued at 24.25 dollars per share in an all-cash deal, also includes the payment of cash dividends to shareholders...

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Nordstrom shareholders approve merger proposal

Shareholders of Nordstrom have approved of the US department store’s proposal to go private. The shift will come as part of a merger agreement between Navy Acquisition Co. and Delaware-based Norse Holdings, under which Nordstrom will operate as a wholly owned subsidiary. The matter was voted on during a Special Meeting of shareholders, for which...

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UNOde50 strengthens its position in the US and lands on Nordstrom's marketplace

Madrid – Spanish jewellery brand UNOde50 is accelerating its international expansion and growth plan, further strengthening its presence in the US. The US is a particularly strategic market for the brand. UNOde50 is now trying to gain traction through online channels, bringing its collections to the marketplace of the US department store chain...

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Carhartt WIP launches coffee concept at Nordstrom Men’s store

Carhartt WIP, the streetwear version of workwear brand Carhartt, has launched its first US-based coffee concept at Nordstrom Men’s store in New York City. The concept is in partnership with Nordstrom Ebar, the coffee bar within the department store, and follows multiple in-store Carhartt WIP Coffee spaces across Europe and Asia. Located at 235...

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Nordstrom Q4 comparable sales beat expectations, CFO departs

Departmental store chain Nordstrom outperformed Wall Street's projections for quarterly comparable sales, achieving a 4.7 percent increase, with Nordstrom banner sales rising 5.3 percent and Nordstrom Rack sales up 3.5 percent. The company reported fourth-quarter net earnings of 165 million dollars or 97 cents per diluted share, alongside EBIT...

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Celtic & Co. expanding in the US with Nordstrom and Macy’s

British heritage fashion brand Celtic & Co., known for its ethically sourced, sustainable knitwear, footwear and outerwear, is expanding into the US with Nordstrom and Macy’s with its spring/summer 2025 collection. Celtic & Co. worked in collaboration with Refined Networks, the global e-commerce platform for cross-border digital commerce used by...

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Nordstrom Rack is set to open a new store in Colorado

Nordstrom, Inc. (JWN), an American luxury department store chain, Friday announced that it will open a new Nordstrom Rack store in Longmont, CO, in fall 2025. This expansion is part of the company's efforts to grow its presence in the region. The new 28,000 sq. ft. Nordstrom Rack will be situated in Harvest Junction, a popular shopping center in...

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Nordstorm Rack to expand retail presence in Florida

Seattle-based department store group Nordstrom, Inc. is set to expand the retail presence of its off-price retailer Nordstrom Rack in Florida with the opening of a new location in Estero. Set to open in Fall 2025, the new Nordstrom Rack will be located in Coconut Point, an outdoor shopping center with more than 110 retail units including...

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Unwrapping in 2025 – Eyebrow raising IPOs: From Shein’s controversy to Nordstrom’s private pursuit

The landscape of IPOs has twisted and turned over the last year as the market undergoes continued challenges. Yet, this landscape has seemingly not made the pursuit of a public listing any less appealing to those hoping to bolster their positioning. FashionUnited takes a look at what is on the horizon as the biggest stories of this year continue...