×
1 991
Fashion Jobs
ESTÉE LAUDER
E-Commerce Manager
CDI · Toronto
ESTÉE LAUDER
Clinique Consultant - 30Hrs - The Bay Queen - Toronto, on
CDI · Toronto
LEVI'S
Account Executive, Dockers Brand
CDI · Richmond Hill
LEVI'S
Part Time Sales And Merchandising Supervisor, Levi’s® Retail Store, Vaughan, on
CDI · Vaughan
NIKE
Senior Business Systems Analyst- Wms
CDI · Toronto
ADIDAS
Senior Manager, Digital Marketing
CDI · Vaughan
L'OREAL GROUP
E-Commerce Manager
CDI · Montreal
NORDSTROM
Asset Protection Agent - Eaton Centre
CDI · Toronto
NORDSTROM
Asset Protection Agent - Pacific Centre
CDI · Vancouver
TJX CANADA
Loss Prevention Security Monitoring Operator
CDI · Mississauga
NORDSTROM
Asset Protection Agent - Willowbrook Rack
CDI · Langley
NORDSTROM
Asset Protection Agent - Rideau Centre
CDI · Ottawa
NORDSTROM
Asset Protection - Security Ambassador - Willowbrook Mall Rack
CDI · Langley
NORDSTROM
Asset Protection - Security Ambassador - Pacific Centre
CDI · Vancouver
NORDSTROM
Asset Protection Agent - One Bloor Rack
CDI · Toronto
TJX CANADA
Loss Prevention Store Investigator, Gta
CDI · Toronto
FOOT LOCKER
Overnight Assistant Operations Manager
CDI · Burnaby
NORDSTROM
Asset Protection Agent - Vaughan Mills Rack
CDI · Vaughan
NORDSTROM
Inventory Control Specialist - Pacific Centre
CDI · Vancouver
ESTÉE LAUDER
Manager, Human Resources Business Partner
CDI · Toronto
ZARA
Gérant(e) de Département, Zara Centre Rockland
CDI · MONT-ROYAL
ZARA
Gérant(e) de Département, Promenades Saint-Bruno
CDI · SAINT-BRUNO-DE-MONTARVILLE
By
Reuters
Published
Mar 2, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Nordstrom sales beat on off-price clothing channel, online strength

By
Reuters
Published
Mar 2, 2021

​Nordstrom Inc on Tuesday reported better-than-expected revenue for the holiday quarter, aided by a rise in e-commerce sales and growth in its off-price business, Rack.


Nordstrom


Pandemic-induced declines in household income and high unemployment rates have led to a spike in demand for affordable clothing. This boosted the off-price business of Nordstrom, which also benefited from a greater shift to online shopping.

Sales at Nordstrom Rack decreased 23% from a year earlier, but were better than previous quarter’s 32% slump.

Digital sales of about $2 billion in the reported quarter accounted for 54% of the retailer’s total business.

Total revenue fell 19.7% to $3.65 billion in the fourth quarter ended Jan. 30. Wall Street had forecast $3.60 billion, according to analysts surveyed by Refinitiv IBES.

© Thomson Reuters 2021 All rights reserved.