Nordstrom Rack announces the retirement of its president Karen McKibbin; Geevy Thomas to succeed

Geevy Thomas named successor SEATTLE, 2018-Jan-10 — /EPR Retail News/ — After three decades marked by expansion and success, Karen McKibbin, president of Nordstrom Rack, will be retiring from Nordstrom in March. Karen joined Nordstrom in 1985 and has held many leadership roles within the company, including president of Nordstrom Canada, where she led the first-ever international expansion of […]

New Chief Financial Officer for Nordstrom Announced

SEATTLE, 2017-May-08 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. announced today (May 4, 2017) that Anne Bramman is joining the company as Chief Financial Officer (CFO), effective June 2, 2017. “After a thorough search for a CFO, we’re excited to have Anne join our team,” said Blake Nordstrom, co-president of Nordstrom, Inc. “Anne’s breadth of […]

Nordstrom, Inc. announces net sales for 3Q 2016 increased 7.2 percent vs same period last year

Continued Improvements in the Company’s Operating Model SEATTLE, 2016-Nov-11 — /EPR Retail News/ — Nordstrom, Inc. (NYSE: JWN) today (Nov. 10, 2016) reported third quarter results on an operational basis that exceeded expectations, reflecting continued strength in inventory and expense execution. Total Company net sales for the third quarter increased 7.2 percent and comparable sales increased […]

Nordstrom’s EVP and CFO Mike Koppel to retire in spring 2017

SEATTLE, 2016-Oct-27 — /EPR Retail News/ — Nordstrom announced today (Oct. 24, 2016) that Executive Vice President and Chief Financial Officer Mike Koppel has shared his plans to retire from the company in spring 2017. Koppel will remain in his role until then to support the search for a new CFO and assist with his successor’s […]

Nordstrom, Inc. announces the appointment of Ken Worzel as president, Nordstrom.com

SEATTLE, 2016-Sep-22 — /EPR Retail News/ — To further accelerate its e-commerce, digital and mobile efforts, Nordstrom, Inc. (NYSE: JWN) announced that it has appointed Ken Worzel as president, Nordstrom.com. Worzel has served as executive vice president of Strategy and Development at the company since 2010, where he has been responsible for strengthening the company’s […]

Nordstrom announces changes to its operating model

SEATTLE, Wash., 2016-Apr-22 — /EPR Retail News/ — 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 […]

Nordstrom, Inc. closes its credit card transaction with TD Bank U.S.A., N.A.

$1.8 Billion Net Proceeds to be Returned to Shareholders through Dividend and Share Repurchase Board Authorizes Special Cash Dividend of $4.85 per Share SEATTLE, 2015-10-3 — /EPR Retail News/ — Nordstrom, Inc. (NYSE: JWN) today announced the closing of its credit card transaction with TD Bank U.S.A., N.A. (TD), including the sale of its credit […]