Nordstrom News

There is a lot of talk about " green shoots " in the economy along with elements of encouraging, or at least less discouraging, news and the stock market did show good gains in the just-ended second quarter.

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Officials with Nordstrom announced Friday that the upscale department store would not be opening at Westfield Palm Desert in 2012 as expected.

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Mid-priced U.S. department store chains are beginning to eye the outlet store concept, which has worked for their upscale rivals, the chief executive of Tanger Factory Outlet Centers Inc said on Tuesday.

Saks Inc. , Neiman Marcus Group Inc. and other luxury retailers are reducing orders this year to limit supply and boost profitability.

Northwest executive pay has decreased in the past year in a reflection of the economic downturn.

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SEATTLE-- --Seattle-based Nordstrom, Inc. , a leading fashion specialty retailer, announced it will open a 38,000-square-foot Nordstrom Rack, a unit of the company's off-price retail division, - LONDON-- --European Central Counterparty Limited roept op tot de aanname van een conventie voor interoperabiliteit waaraan alle central counterparty's zich ...

CHICAGO-- --Exelon Generation today announced that it has won commitments from electricity delivery companies Allegheny Power and PECO Energy to provide more than 7 million megawatt-hours of generation - NEW YORK-- --Fitch Ratings has downgraded MF Global's long-term Issuer Default Rating and senior unsecured debt rating to 'BBB' and affirmed the ...

Nordstrom Inc. will open a 38,000-square-foot Nordstrom Rack at Buckhead Station shopping center in Atlanta in spring 2010, the Seattle-based retailer said Wednesday.

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Nordstrom Inc. said it will open a new Rack outlet store in spring 2010 in Framingham, Mass., and another in Braintree, Mass., by March.

Neiman Marcus fans will have less time to browse and buy, as the retailer shortens its hours at suburban stores.

Nordstrom Rack will open its second store in Massachusetts, leasing the former Linens 'n Things space in Framingham, according to several retail sources.

Major department stores led a broad decline in the retail sector early Monday while Talbots Inc.

Shortly into the New Year, it was clear retail businesses of all stripes and sizes were witnessing severe declines in revenue.