Nordstrom news and archive

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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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...

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Seasalt to continue US expansion in response to demand

British retailer Seasalt has revealed that it is planning to continue expanding in the US with at least two more store openings after reporting that its first location in the region had outperformed expectations. Speaking to The Times, the company said the decision to grow further came on the back of unprecedented demand at its Falmouth,...

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Nordstrom to go private, namesake family receives board approval to acquire retailer

A deal that could see US department store giant Nordstrom go private has been approved by the board of directors, potentially allowing for the company’s namesake family to acquire all outstanding shares of the firm. The Nordstrom family, consisting of Erik, Pete, Jamie and other members, will come together with Mexican real estate company El...

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Fashion |In Pictures

Christmas displays from around the world

With Christmas fast approaching, FashionUnited has rounded up the best of this year’s festive displays, from Sir Paul Smith’s takeover at Claridge’s in London to Selfridges maximalist take on the holiday season, Saks Fifth Avenue’s dazzling 100th-anniversary showcase in New York, Fenwick’s 12 Days of Christmas in Newcastle, Dior’s showstopping...