• Nordstrom's Cyber Week Sale Is Going To Be Epic, So You Might Want To Cancel Your Plans

    1 month ago - By StyleCaster

    Surprise: Nordstrom's Black Friday sale 2020 has officially dropped a few days early this year, giving us plenty of time to score on massive savings sitewide, but retailer's Cyber Week deals about to drop will be the best we've seen yet. Thanks, Nordy's. Nordstrom is now offering 12 days of stellar Cyber savings , featuring up to 50 percent off more than a thousand items in stores and online on luxury beauty, chic home decor staples, essential kitchen appliances, and of course, plenty of apparel, accessories, and shoes galore.
    It's expected that shipping times will be a bit more delayed...
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  • Gap posts flat sales growth in Q3

    Gap posts flat sales growth in Q3

    1 month ago - By Fashion United

    Gap Inc. said that its third quarter results reflected flat sales versus last year, supported by 5 percent growth in comparable sales, which was driven by a 61 percent increase in online sales. The company said in a statement that net sales were impacted by the company's ongoing strategy to close unprofitable stores. Gross margin increased 160 basis points versus last year to 40.6 percent, while the company delivered 25 cents earnings per diluted share.
    “Our third quarter results reflect our Power Plan 2023 in action - specifically the strength of our online business, which comprised 40...
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  • Nordstrom's Q3 sales drop 16 percent

    1 month ago - By Fashion United

    Nordstrom, Inc. has announced that its third quarter results reflected sequential improvement in sales and earnings relative to the prior quarter. The company generated EBIT of more than 100 million dollars, supported by improved merchandise margin trends and benefits from resetting its cost structure. Earnings per diluted share were 34 cents, while the company's net sales decreased 16 percent from last year and included a positive impact of approximately 10-percentage points due to the shift of the Nordstrom Anniversary Sale from the second quarter to the third quarter this year.
    “Our...
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