JWN:US has changed to a new ticker symbol.
Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It offers a selection of brand name and private label merchandise. The company sells its products through various channels, including Nordstrom full-line stores, off-price Nordstrom Rack stores, JeffreyÂ’ boutiques, treasure & bond, and Last Chance clearance stores; and its online store, nordstrom.com, as well as through catalog. Nordstrom also provides a private label card, two Nordstrom VISA credit cards, and a debit card for Nordstrom purchases. The companyÂ’s credit and debit cards feature a shopping-based loyalty program. As of September 30, 2011, it operated 222 stores, including 117 full-line stores, 101 Nordstrom Racks, 2 Jeffrey boutiques, 1 treasure & bond store, and 1 clearance store in 30 states. The company was founded in 1901 and is based in Seattle, Washington.
Recent JWN News from Yahoo Finance & Seeking Alpha
How discount stores are carrying the retail sector »
While consumer spending has remained relatively strong through inflation, retailers have struggled to stay relevant, with Macy's (M) announcing it will shutter 150 locations. Discount retailers like The TJX Companies (TJX) and Burlington Stores (BURL), however, have held up as consumers seek sales elsewhere under the pressure of inflation. JLL Americas President of Retail Naveen Jaggi joins Yahoo Finance Live to discuss the state of retail and the consumer, as well as the success of brands like Burlington. He discusses Burlington's recent growth and how it relates to the consumer: "Today, they're opening over 60 stores a year and they're taking 50, 60, 70,000 square feet in some places. To me, I'm watching that entire sector and saying where the US consumer is shopping, that's the sector I want to watch because that tells me where we spend our dollars has the most sustainability in the long run and today more than ever, the dollar value sector is grabbing a more lion's share of the US consumer than ever before." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
The Weekly Closeout: Layoffs at Walgreens and what would it mean if Nordstrom went private? »
The drugstore chain closed two distribution centers. Meanwhile, go-private rumors at the department store could have been sparked by Macy’s.
Nordstrom Full Year 2024 Earnings: EPS Misses Expectations »
Nordstrom ( NYSE:JWN ) Full Year 2024 Results Key Financial Results Revenue: US$14.7b (down 5.4% from FY 2023). Net...
Retail watch: Wave of privacy blows over U.S. department store chains »
Why Nordstrom Stock Popped Today »
Nordstrom's founding family is exploring options to take the company private.
Older Archived News
- What Nordstrom’s Results Say About Consumers (JWN).
- Nordstrom (JWN) Earnings Report: Q4 2015 Conference Call Transcript.
- Stocks Struggle for Gains as Yahoo! Boosts Nasdaq.
- 3 Stocks Pushing The Retail Industry Lower.
- Stocks Lower Despite Tech Gains.
- More Squawk From Jim Cramer: Nordstrom (JWN) Can't Compete with Amazon.com.
- Nordstrom Tumbles After Holiday Sales Miss Analysts' Estimates.
- Nordstrom (JWN) Is Today's Dead Cat Bounce Stock.
- Are Brick and Mortar Retailers Headed Into Bear Markets?.
- 3 Stocks Underperforming Today In The Services Sector.Load More News...