Tag Archives: Nordstrom Inc

Lines between men’s and women’s fashion are blurring as more retailers embrace gender-fluid style

The off-price retailer Saks Off Fifth has teamed up with The Phluid Project to create a line of gender-fluid apparel, coinciding with Pride Month. Source: Saks Off Fifth For Christina McCann, shopping at the mall involves sifting through the women’s and the men’s aisles in search of the perfect outfit. McCann, who is nonbinary, often […]

Stocks making the biggest moves midday: GameStop, AMC, CVS, Ford & more

A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading. GameStop, AMC Entertainment – Meme stocks are popping again amid heightened speculative trading activities. Shares […]

Nordstrom shares fall as earnings and 2021 outlook disappoint

Nordstrom reported Tuesday better-than-expected fiscal first-quarter sales, as shoppers showed up to its stores again to buy new shoes, sunglasses and swimwear for social outings. But its stock tumbled around 7% in extended trading as the retailer booked a wider-than-expected loss, and maintained its full-year outlook, despite other retail rivals boosting their forecasts in recent […]

After George Floyd was killed, retailers pledged to put Black-owned brands on shelves. Here’s how it’s going

Cora and Stefan Miller started a hair care company after they had their son, Kade, and struggled to find hair products for him. Young King Hair Care is now sold by Walmart and Target. When Cora Miller had her son, she discovered the baby had a full head of hair — and found few products […]

Discount retailers TJX, Ross stage a comeback as shoppers crave ‘treasure hunting’ for clothes again

The reflection of shoppers are seen in a window at a TJ Maxx store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Any doubts about whether shoppers would return to discount retail stores to rummage through racks in the hunt for bargains were crushed this week when TJX Companies and Ross Stores reported […]

Kohl’s shares tumble despite the retailer’s strong sales beat and hiked outlook

Vehicles sit parked in front of a Kohl’s department store in Ashland, Ky. Luke Sharrett | Bloomberg | Getty Images Kohl’s shares tumbled Thursday, despite the company reporting fiscal-first quarter profit and sales that exceeded expectations and hiking its full-year forecast. It hinted at additional costs and supply chain headwinds that it may face in […]

Retail stocks surge as Florida and New York announce plans to lift Covid restrictions

A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC A number of retail stocks surged Monday as investors looked for ways to buy into the economy reopening, after several large states further loosened Covid restrictions or suspended the measures entirely. The S&P Retail ETF closed Monday up 2%, as a host […]

Retailers boost livestreaming events in effort to almost double sales from them

Source: Bloomingdale’s PR On a recent weeknight, Jimmy Choo’s Creative Director Sandra Choi logged into Zoom to broadcast live to dozens of Bloomingdale’s customers. The livestreamed event, organized by the department store, ran for about 45 minutes, during which Choi highlighted some of the biggest trends she’s seeing in footwear this spring — chunky, jeweled […]

Department stores like Nordstrom and Macy’s are still Americans’ favorite place to buy shoes

The women’s shoe floor in Nordstrom’s flagship department store location in New York City features a cocktail bar in the center. Source: Nordstrom America’s department stores might be losing customers in the apparel aisles and at the beauty counters, but shoppers still love the shoe department. In a new AlixPartners survey, consumers were asked where […]

Lululemon is testing a resale program where shoppers can sell and buy used items

An employee restocks clothes on display at the Lululemon Athletica sports apparel store on Regent Street in London. Simon Dawson | Bloomberg | Getty Images Lululemon is getting into resale. The leggings and sports bra maker announced Tuesday it is piloting a trade-in program in California and Texas next month, which it plans to expand […]

The post-pandemic spending spree has begun. Here are 6 things Americans are buying

Shoppers wearing protective masks carry bags on Market Street in San Francisco, California, on Wednesday, April 14, 2021. David Paul Morris | Bloomberg | Getty Images Shoppers are emerging from their cocoons and aspiring to switch it up from sweatpants, stubble and streaming. With each day, more Americans are getting Covid-19 vaccines. As spring temperatures […]