Erik Nordstrom

Nordstrom Receives Go-Private Proposal From Nordstrom Family and Mexico’s Liverpool
Nordstrom Receives Go-Private Proposal From Nordstrom Family and Mexico’s Liverpool
September 04, 2024  |  Retail

Nordstrom has received a proposal from its CEO Erik Nordstrom, President and Chief Brand Officer Pete Nordstrom, other members of the Nordstrom family and Mexican...

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Digital Transactions Now 37% of Nordstrom’s Total Sales, CEO Says
Digital Transactions Now 37% of Nordstrom’s Total Sales, CEO Says
August 27, 2024  |  Retail

Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory. During the company’s second-quarter earnings call Tuesday (Aug. 27), CEO Erik Nordstrom said...

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Nordstrom Sees Exclusive Events Drive Luxury Shoppers’ Loyalty
Nordstrom Sees Exclusive Events Drive Luxury Shoppers’ Loyalty
May 30, 2024  |  Earnings

As retailers look for ways to boost sales with their most loyal customers, Nordstrom is finding that supplementing its digital loyalty program with in-person events...

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Nordstrom CEO, President Aim to Take Company Private
Nordstrom CEO, President Aim to Take Company Private
April 18, 2024  |  Retail

Nordstrom CEO Erik Nordstrom and President Pete Nordstrom have told the retailer’s board that they’re interested in taking the company private. As a result, the board has formed a special...

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Nordstrom Looks to Digital Transformation to Drive Premium Sales
Nordstrom Looks to Digital Transformation to Drive Premium Sales
March 05, 2024  |  Earnings

As Nordstrom looks to return its full-priced banner to revenue growth, the department store chain is turning to digital technology to meet upscale shoppers’ increasing...

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Nordstrom’s Off-Price Destination Falls Short on Value
Nordstrom’s Off-Price Destination Falls Short on Value
November 22, 2023  |  Retail

Nordstrom, once known for its opulent runway and exceptional service, is increasingly delving deeper into substantial discounts to navigate financial challenges. But is it working?...

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Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
March 02, 2023  |  Retail

Nine years after taking its high-end brand north of the border, luxury retailer Nordstrom says it will now shutter all 13 of its Canadian locations...

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Nordstrom Eyes Local Markets, Experiences After Q1 Sales Miss
Nordstrom Eyes Local Markets, Experiences After Q1 Sales Miss
May 22, 2019  |  Retail

With loyalty, digital marketing and merchandise contributing to declines across its full-priced and off-priced businesses, Nordstrom reported first-quarter earnings that were below analysts’ expectations. The department...

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