Topics regarding layoffs at Nordstrom

Topics regarding layoffs at Nordstrom

1901 sweatshirt for $100!

Right before I left I remember seeing a 1901 very basic sweatshirt for $100! Are you kidding me! Found the exact even better thing on Amazon for $8!!!

Retention stock, bonus?

It appears some folks in tech are being offered retention bonus and/or stocks. Is this happening everywhere? I asked my manager and was told to wait for more info to be made available after mid March. Manager asked me not to discuss with others... — read more 

Coworkers waiting for the end

Everyone in my location is waiting for the axe to drop. As for me, I’m just here working for the paychecks (even though they’re always late). So many are looking to get out and others are looking to just quit - without any backup. It’s sad when it... — read more 

FLS closures to happen in March?

This is pure speculation, of course.. (This is based on FLS taking the same time or longer to close then the recent rack in NY) So we all know there probably going to be 12-20 FLS closing. Based on the Rack closure announce yesterday, I believe... — read more 

Anyone else have rec meetings that were a bit odd?

No video or message from nordstrom brothers/corporate......no talk of company results or really any Sales results at that matter. Emphasis on how many new adms and dms they promoted this year. Definitely indicates to me some bad news is around the... — read more 

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| 1240 views | | 6 replies (last February 27, 2021)
Post ID: @OP+19Bm7bQc

20 Billion by 2020

Anyone remember Nordstrom striving for 20 Billion by 2020? (was suppose to be lead by both NYC stores) covid or not they would have fell massively short. Covid just increase the distance from 5 to 10 Billion

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| 911 views | | 5 replies (last February 28, 2021)
Post ID: @OP+19A5PZch

NPG

Anyone know how NPG's business is doing?

So, next Friday?

EOM, right into earnings. Where is the deadwood? Who’s slacking?

Lord & Taylor closure effect on Nordstrom

Malls whom have both a Nordstrom and a closing/closed Lord and Taylor Curious to see if the closing of L&T would push Nordstrom over the edge to close one of these locations listed below Michigan • Twelve Oaks Mall (one of only two... — read more 

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| 1380 views | | 6 replies (last March 19, 2021)
Post ID: @OP+19nVhxdv

To be banned from Rome

Worked hard for the company for 15 years. I’m 56. There used to be Diversity on our teams especially with age. The company only promotes and hired people under 30 and on my old team which was 20 something white girls. It was like that movie Mean... — read more 

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| 1400 views | | 7 replies (last February 23, 2021)
Post ID: @OP+19nkDrIA

Nordstrom Losing Distribution ahead of Fall

Starting with Gucci. Company left to sell through previously purchased shoe stock. This is part of a growing trend of vendors severing ties with the company and selling via their own platforms. Winter is coming... Check .com or your local store to... — read more 

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| 1480 views | | 5 replies (last February 13, 2021)
Post ID: @OP+19mjvEOz

This is a sign

Do you know how you can be certain this place is done? Rats are leaving the sinking ship. One by one, managers from my store are leaving. They have no reason to do that other than knowing what's coming. They won't be able to find better jobs where... — read more 

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| 1270 views | | 3 replies (last February 25, 2021)
Post ID: @OP+19mpk9Eo

Store closures

Is anyone hearing anything about store closures, beyond mr koolaid man? • Men’s store What else?

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| 1430 views | | 6 replies (last February 10, 2021)
Post ID: @OP+19kGbx8U

Nordstrom as "Amazon of Fashion"

Some optimistic comments re the presentation last week: https://seekingalpha.com/news/3659780-evercore-highlights-struggling-retailer-that-could-become-amazon-of-fashion OK. So this: "We were most intrigued to learn that Nordstrom will... — read more 

Ironic that this Forum is more Transparent than Nordy HR

Wouldn’t you agree? There is more truth and transparency in this chat, than from your leaders and HR coodinators. They already know what is about to happen, and who will be chopped. Tisk, Tisk. Where is the “use good judgment” and being “honest and... — read more 

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| 1580 views | | 4 replies (last February 25, 2021)
Post ID: @OP+19jOJHML

Men’s NYC Tower Store to Close

The New York Men’s tower store will close and condense into the women’s tower store across the street. Heavy restructuring company wide with announcements late February and early March. There will be a fleet of store closures and store manager... — read more 

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| 1910 views | | 17 replies (last February 25, 2021)
Post ID: @OP+19jFzqTl

How's the tower project going?

https://news.yahoo.com/down-side-life-supertall-tower-152526980.html?soc_src=social-sh&soc_trk=fb&tsrc=fb

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| 1020 views | | 1 reply (February 7, 2021)
Post ID: @OP+19ivUzI7

Trimming the fat - hautelook to be dropped

https://www.seattletimes.com/business/nordstrom-drops-hautelook-moves-flash-sales-to-rack-business/ Aside from Stores closures Nordstrom is really starting to trim the fat. Since 2020 • all Jeffery locations closed • all truck club locations... — read more 

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| 1590 views | | 4 replies (last February 14, 2021)
Post ID: @OP+19iFb8Cl

Don’t drink the Kool Aid

Nordstrom tries to pretend to be inclusive and Green. They are not,! THEY ONLY PROMOTE WHITE PRIVILEGED. They are not age weight or color inclusive. They fired me when I hit 50

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| 1420 views | | 4 replies (last February 14, 2021)
Post ID: @OP+19hOnFKF

It feels like everybody has given up

It's like no effort is being made at the top to improve the situation. As if everybody has accepted that this is the way things are and we're slowly moving towards the end of the line, so we might as well accept that this is it. It shouldn't be this... — read more 

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| 1390 views | | 4 replies (last February 8, 2021)
Post ID: @OP+19hLxPon

Strategy for overcoming troubles

the (Nordstrom) brothers set out their case that Nordstrom cannot only survive the turmoil, but emerge with faster growth and a business model relevant to more of America’s increasingly demanding shoppers. Excerpt form:... — read more 

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| 1240 views | | 4 replies (last February 6, 2021)
Post ID: @OP+19gmktAT

Store closures

Nordstrom has announced at least 3 FLX stores closures each year since 2016 More recently.. 2020: 16 2019: 7 When and how many do we think will fall this year?

$JWN should issue a secondary

I repeat my call for Nordstrom to issue a secondary offering of stock ASAP so as to take care of extraordinarily favorable financial market conditions to secure more CASH PIMPIN' MONEY for the core business. This is also how we fix the mess the... — read more 

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| 956 views | | no replies yet
Post ID: @OP+197YniZW

W-2?

Anyone know if 2020 W-2s have gone out yet?

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| 1120 views | | 4 replies (last January 27, 2021)
Post ID: @OP+192oKYww

Wow, minus 22%! 🎄🎁

Holiday sales down 22%... but they said they still expect a profit for Q4 – those layoffs must still be paying off! Covid relief money probably helps too, but I wonder if they are paying rent?

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| 1690 views | | 5 replies (last January 27, 2021)
Post ID: @OP+18VnCTY1

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