Nordstrom, Inc. (JWN) , which operates both Nordstrom full-line stores and Nordstrom Rack, has consistently focused on store expansion as part of its growth strategy. These efforts aim to bring the brand closer to its customers by strategically placing new locations in high-traffic shopping centers and underserved markets.A significant aspect of this expansion has been through Nordstrom Rack, its off-price division, which targets value-conscious shoppers. Customers can also shop online via Nordstrom.com and ...

SEATTLE, Nov. 14, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Meridian, Idaho in fall 2025."We look forward to being a part of the Meridian community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack. "We're excited to grow our footprint in the Boise market and introduce new customers to the Nordstrom experience."  Lionello added that in this ...

Shares of Nordstrom, Inc. (JWN) have surged 77.2% in the past year, outperforming the Zacks Retail - Apparel and Shoes industry’s 23.2% growth, the broader Retail-Wholesale sector’s 37.9% increase and S&P 500 index’s 38.7% growth. JWN is strictly focused on driving Nordstrom banner growth, optimizing operations and building momentum at Rack. Digital efforts are also underway.Let’s delve deeper.Analyzing JWN’s Core StrengthsNordstrom has been expanding its Rack banner by increasing the brand penetration. It ...

Nordstrom (JWN) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Since ...

Here are two stocks with buy rank and strong value characteristics for investors to consider today, November 7th:Nordstrom, Inc. (JWN) : This fashion retailer carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 3.2% over the last 60 days.Nordstrom has a price-to-earnings ratio (P/E) of 12.01, compared with 26.10 for the industry. The company possesses a Value Score  of A.LivaNova PLC (LIVN) : This medical device company carries a Zacks Rank #1, and h ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, November 7th:Meridian Corporation (MRBK) : This holding company for Meridian Bank has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.2% over the last 60 days.This Zacks Rank #1 company has a dividend yield of 3.6%, compared with the industry average of 2.7%.NBT Bancorp Inc. (NBTB) : This banking company has witnessed the Zacks Consensus Estimate for its next year earnings ...

SEATTLE, Nov. 5, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced that it will report its third quarter 2024 financial results after the close of the financial markets on Tuesday, November 26, 2024. The announcement will be followed by a conference call at 4:45 p.m. EST, in which senior management will provide a business update and discuss the company's third quarter financial results along with the 2024 outlook. The 45-minute conference call will be available by telephone and audio webcast at inv ...

Nordstrom, Inc. (JWN) has capitalized on momentum-driven factors, including robust growth at its flagship Nordstrom banner, operational efficiencies and a turnaround strategy at Nordstrom Rack. The Rack's improvement has contributed to Nordstrom's recent gains, as it plays a key role in attracting value-conscious shoppers and diversifying revenue streams. Closing yesterday's trading session at $23.22, the shares of Nordstrom are currently trading near the 52-week high of $24.93 attained on Oct. 18, 2024. Th ...

Nordstrom, Inc. (JWN) has revealed plans to open two new Nordstrom Rack stores in Florida. The stores, set to open in Melbourne in fall 2025 and Sarasota in spring 2026, are part of the company's ongoing expansion strategy. The upcoming 24,000-square-foot Nordstrom Rack store in Melbourne will be located at The Avenue Viera, a well-known shopping center featuring retailers like Lululemon, Sephora, Lilly Pulitzer and Sur La Table. The Avenue Viera is owned and managed by WS Development and is ideally located ...

SEATTLE, Oct. 22, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open two new Nordstrom Rack stores in Florida. The new stores will be located in Melbourne and Sarasota, which will open in fall 2025 and spring 2026, respectively. "We look forward to being a part of the Melbourne and Sarasota communities and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack. "We're excited to gr ...