2016 News Releases

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05/19/2016Nordstrom Expands Loyalty Program; Customers Can Now Earn Rewards Regardless Of How They Choose To Pay
SEATTLE, May 19, 2016 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced it is expanding its loyalty program, making it even easier for customers to earn $20 Nordstrom Notes. Starting today, customers can join Nordstrom Rewards and earn benefits regardless of how they choose to pay for their purchases in Nordstrom or Nordstrom Rack stores or online at Nordstrom.com, Nordstromrack.com and HauteLook.  "As customers' definition of service continues to evolve, we are focused on being responsi... 
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05/19/2016Nordstrom Board of Directors Approves Quarterly Dividend
SEATTLE--(BUSINESS WIRE)--May 19, 2016-- Nordstrom, Inc. (NYSE: JWN) announced today that its board of directors approved a quarterly dividend of 37 cents per share payable on June 15, 2016, to shareholders of record at the close of business on May 31, 2016. About Nordstrom Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 329 stores in 39 ... 
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05/12/2016Nordstrom Reports First Quarter 2016 Earnings
SEATTLE--(BUSINESS WIRE)--May 12, 2016-- Nordstrom, Inc. (NYSE:JWN) today reported earnings per diluted share of $0.26 for the first quarter ended April 30, 2016. Total Company net sales increased 2.5 percent while comparable sales decreased 1.7 percent, compared with the same period last year. First quarter earnings were below the Company's expectations, primarily driven by lower than planned sales and higher markdowns to better align inv... 
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04/28/2016Nordstrom to Report First Quarter 2016 Financial Results on May 12
SEATTLE--(BUSINESS WIRE)--Apr. 28, 2016-- Nordstrom, Inc. (NYSE: JWN) announced today that it will report its first quarter 2016 financial results after the close of the financial markets on Thursday, May 12, 2016. The announcement will be followed by a conference call at 4:45 p.m. Eastern Daylight Time, in which senior management will comment on the company’s first quarter financial results and 2016 outlook. The 45-minute conference call will be availab... 
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04/18/2016Nordstrom Announces Operating Model Improvements to Better Support Customers' Changing Expectations
SEATTLE, Wash., April 18, 2016 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today shared with its employees that in order to continually evolve with the expectations of its customers, ensure it is best positioned to respond to the current business environment, and meet long-term growth plans, the company is making a number of changes to its operating model. The company is expecting that approximately 350 to 400 positions will be reduced through a phased approach. These positions will primarily be... 
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03/24/2016Nordstrom Rack To Open In Washington D.C.
SEATTLE, March 24, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a new Nordstrom Rack at District Center in Washington D.C. The approximately 37,000 square-foot, two-level store is scheduled to open in fall 2016. Located in the heart of Washington D.C. at 555 12th Street Northwest, the new Rack is just a few minutes' walk from several Metro Stations, popular tourist destinations including the White House, National Mall, International Spy Museum,... 
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03/24/2016Nordstrom Rack To Open In Cedar Park, Texas
SEATTLE, March 24, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Parke in Cedar Park, Texas just north of Austin. The approximately 31,000 square-foot store is scheduled to open in spring 2017. The property is being developed by Austin-based Endeavor Real Estate Group. "We're excited to grow our presence in Greater Austin at The Parke in Cedar Park," said Geevy Thomas, president of Nordstrom Rack. "Austin has been a great ... 
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03/23/2016Nordstrom Names Kumar Srinivasan Chief Technology Officer
SEATTLE, March 23, 2016 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced that Kumar Srinivasan has joined the company as Chief Technology Officer (CTO). Srinivasan's agile development practices, cloud expertise and experience developing highly innovative customer focused outcomes will play an important role in shaping the technology agenda across Nordstrom. Srinivasan will help lead the next phase of innovation and growth focused on identifying and developing opportunities that deliver... 
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03/11/2016Nordstrom Opens New, Relocated Store At Ala Moana Center In Honolulu
SEATTLE, March 11, 2016 /PRNewswire/ -- Leading fashion specialty retailer Nordstrom, Inc. opened the doors to its new, relocated store today at Ala Moana Center in Honolulu. The three-level, 186,000 square-foot store features new interior and exterior design concepts, a full-service restaurant and bar, cocktail lounge, new departments and an enhanced beauty shopping experience. The store is a relocation from its previous home at the other end of the mall, which opened in 2008. "We are proud ... 
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03/09/2016Nordstrom Rack To Open In Algonquin, Ill.
SEATTLE, March 9, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc., (NYSE: JWN) announced today plans to open a new Nordstrom Rack in Algonquin, Illinois. The approximately 31,000 square-foot, one-level store is scheduled to open fall 2016. Algonquin Commons is conveniently located at the intersection of South Randall Road and County Line Road, just minutes north of Interstate 90.  When it opens the Rack will join a strong mix of retailers including Trader Joe's, Ulta, Dick's Sporting Goods... 
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03/02/2016Nordstrom Rack To Open In Memphis, Tenn.
SEATTLE, March 2, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Poplar Commons in Memphis, Tenn. The approximately 33,000 square-foot store is scheduled to open in the fall of 2017. The store is leased from Seritage Growth Properties (NYSE: SRG) who is replacing an existing Sears building with a first-class 135,000 square foot shopping center. Nordstrom Rack is the off-price retail division of Nordstrom, Inc., offering custome... 
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02/24/2016Brad Tilden, Chairman And CEO Of Alaska Air Group, Joins Nordstrom Board Of Directors
SEATTLE, Feb. 24, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced the appointment of Brad Tilden, chairman and chief executive officer of Alaska Air Group, to the company's board of directors. The addition of Mr. Tilden, a highly respected business and community leader from Seattle, brings the total number of directors to 16, of whom 13 are independent directors. Nordstrom directors serve one-year terms and the company requires annual elections of all board members. Mr. ... 
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02/24/2016Nordstrom Board of Directors Approves Quarterly Dividend
SEATTLE--(BUSINESS WIRE)--Feb. 24, 2016-- Nordstrom, Inc. (NYSE: JWN) announced today that its board of directors approved a quarterly dividend of 37 cents per share payable on March 22, 2016, to shareholders of record at the close of business on March 7, 2016. About Nordstrom Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 323 sto... 
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02/18/2016Nordstrom Fourth Quarter and Fiscal 2015 Earnings In-Line with Expectations
Achieved Sales Growth of 7.5% and Comparable Sales Increase of 2.7% for the Year SEATTLE--(BUSINESS WIRE)--Feb. 18, 2016-- Nordstrom, Inc. (NYSE: JWN) today reported earnings per diluted share for the fourth quarter ended January 30, 2016 of $1.00, which included asset impairment charges of $0.17 that were not included in the Company's outlook. Fourth quarter net sales increased 5.2 percent and comparable sales increased 1.0 percent, consisten... 
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02/16/2016Nordstrom Rack Announces First Canadian Store In Toronto
SEATTLE, Feb. 16, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) today announced plans to open a Nordstrom Rack at One Bloor in Toronto, Ontario, Canada. The 38,600-square-foot store is scheduled to open in 2018. The store will be located in Yorkville on the southeast corner of Yonge Street and Bloor Street, a well-known shopping district in Toronto. The new Rack will join Bloor Street retailers that include Holt Renfrew, Prada, Gap, Michael Kors, H&M, and Zara. The store ... 
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02/11/2016Nordstrom Unveils Manhattan Flagship Store Footprint And Exterior Design
NEW YORK, Feb. 11, 2016 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) unveiled for the first time the footprint and exterior design of its first Nordstrom store in New York City. The store will encompass four properties in the Columbus Circle neighborhood of Manhattan along Broadway between West 57th and West 58th Streets. The approximately 363,000 square-foot store is expected to open in 2019. The four properties include both existing, historic buildings as well as new construction at the ba... 
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02/08/2016Nordstrom Launches Exclusive 'Olivia Palermo + Chelsea28' Collection
SEATTLE, Feb. 8, 2016 /PRNewswire/ -- Nordstrom, Inc. is pleased to announce the launch of a new collaboration in partnership with international style icon Olivia Palermo. Set to hit Nordstrom stores and nordstrom.com on February 8th, 2016, the 'Olivia Palermo + Chelsea28' collection features 32 styles of separates with roots in American sportswear staples, and dresses with a polished and feminine appeal. The Spring collection includes versatile separates in signature prints and rich textu... 
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02/08/2016Nordstrom Launches National Brand Campaign
"See Anew" celebrates spring fashion through an optimistic lens SEATTLE, Feb. 8, 2016 /PRNewswire/ -- Nordstrom launches a national brand campaign through "See Anew," an optimistic celebration of spring fashion. The retailer's most inspirational looks for men and women are featured in a highly visual creative execution involving mirrors, floral prints and smiling models.  The campaign's TV, digital, print, social, and video components will debut on February 8. ... 
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02/04/2016Nordstrom to Report Fourth Quarter 2015 Financial Results on February 18
SEATTLE--(BUSINESS WIRE)--Feb. 4, 2016-- Nordstrom, Inc. (NYSE: JWN) announced today that it will report its fourth quarter 2015 financial results after the close of the financial markets on Thursday, February 18, 2016. The announcement will be followed by a conference call at 4:45 p.m. Eastern Standard Time, in which senior management will comment on the company’s fourth quarter financial results and 2016 outlook. The 45-minute conference call will ... 
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02/02/2016Nordstrom Rack To Open In Langhorne, Pennsylvania
SEATTLE, Feb. 2, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Lincoln Plaza in Langhorne, Pa. The approximately 26,500-square-foot store is scheduled to open in fall 2016. Lincoln Plaza is owned and managed by Simon, a global leader in retail real estate and is adjacent to Oxford Valley Mall, a landmark area retail destination which is also owned and managed by Simon. Nordstrom Rack is the off-price retail division of Nordst... 
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02/01/2016Nordstrom Rack To Open At The Market Place In Tustin, Calif.
SEATTLE, Feb. 1, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Market Place in Tustin, Calif. The approximately 32,500-square-foot store is scheduled to open in fall 2016. The Market Place is owned and managed by Irvine Company. Located at the intersection of the 5 Freeway and Highway 261, The Market Place offers customers more than 120 stores, including: Cost Plus World Market, Target, T.J. Maxx, Dick's Sporting Goods, B... 
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01/28/2016Nordstrom Rack To Open In Kildeer, Ill.
SEATTLE, Jan. 28, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc., (NYSE: JWN) announced today plans to open a new Nordstrom Rack  in Kildeer, Illinois. The approximately 33,000 square-foot, one-level store is scheduled to open spring 2017. Kildeer Village Square, a new almost 180,000 SF retail development, will be conveniently located near the intersection of North Rand Road and West Long Grove Road. The new Nordstrom Rack will be next to Whole Foods and adjacent to Old Navy, Cost Plus Wo... 
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01/28/2016Nordstrom Rack To Open In Schererville, Indiana
SEATTLE, Jan. 28, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Shops on Main in Schererville, Indiana. The approximately 25,000-square-foot store will be the second Nordstrom Rack in Indiana and is scheduled to open in spring 2017. Nordstrom Rack is the off-price retail division of Nordstrom, Inc., offering customers a wide selection of on-trend apparel, accessories and shoes at an everyday savings of 30 to 70 percent off re... 
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01/07/2016Nordstrom Rack to Open in Braintree, Mass.
SEATTLE, Jan. 7, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open Nordstrom Rack at The Marketplace at Braintree in Braintree, Massachusetts. The approximately 35,000-square-foot store, leased from Seritage Growth Properties (NYSE: SRG), is scheduled to open in fall 2016. Nordstrom Rack at The Marketplace at Braintree will join a diverse group of retailers including Ulta Beauty, Sports Authority, Best Buy, Bed Bath & Beyond and PetSmart. The 35... 
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01/05/2016Nordstrom Rack To Open In New Orleans, La. At The Outlet Collection At Riverwalk®
SEATTLE, Jan. 5, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Outlet Collection at Riverwalk® in New Orleans, Louisiana, a development of The Howard Hughes Corporation®. The approximately 35,000-square-foot store will be the first Nordstrom Rack in New Orleans and is scheduled to open in fall 2016. Nordstrom Rack is the off-price retail division of Nordstrom, Inc., offering customers a wide selection of on-trend apparel,... 
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