Department Stores

Nordstrom Exploring Women’s Only Concept

Details follow strong third-quarter results

Published

14 years ago

November 11, 2011

VMSD Staff

Seattle-based Nordstrom Inc. reported net earnings of $127 million for the third quarter ended October 29, 2011, an increase of 7.2 percent compared with last year. Third-quarter same-store sales grew 7.9 percent compared and net sales were up 14.2 percent.

The specialty department store operator says it’s focusing on “localization” efforts, testing a new women’s format and broadening the online assortment among other investments to enhance the customer experience, reports Women’s Wear Daily.

“We have made large investments in technology and infrastructure that should enable our buying people and processes to be more effective,” Pete Nordstrom, president of merchandising, told WWD.

Nordstrom has opened stores in St. Louis and Nashville with a new women’s apparel scheme.

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