Tag: nordstrom
The Wall Street Journal: Macy’s, Nordstrom lower outlooks as consumer spending expected to slow
Macy’s Inc. and Nordstrom Inc. became the latest retailers to lower their financial goals for the year, citing risks of a steeper economic downturn and slowdown in consumer spending.
Dow Jones Newswires: Nordstrom CFO Anne Bramman to leave company
Nordstrom Inc. said Chief Financial Officer Anne Bramman is leaving the company Dec. 2.
Earnings Results: Nordstrom stock tanks after retailer lowers outlook for the year
Nordstrom Inc. stock fell more than 10% in the extended session Tuesday after the retailer beat expectations for its second quarter but called for lower sales and profit for the year, warning that foot traffic dropped “significantly” in June, particularly in its discount Nordstrom Rack stores, and that its inventories need tweaking.