Nordstrom Stock News

Nordstrom Inc missed estimates for quarterly profit on Tuesday and signaled supply-related problems at its off-price stores heading into the holiday season, sending its shares down 18% in extended tra

Nordstrom earnings fell short of analysts' expectations as labor costs ate into profits and sales struggled to return to pre-pandemic levels.

First Trust Advisors LP lifted its stake in shares of Nordstrom, Inc. (NYSE:JWN) by 13.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,027 shares of the specialty retailer’s stock after purchasing an additional 1,673 shares during the period. First Trust Advisors LP’s holdings in […]

At least 20 people were involved in a burglary Monday night at the Nordstrom department store at The Grove retail complex in Los Angeles, CNN affiliate KCAL/KCBS reported, citing the Los Angeles Police Department.

In downtown Walnut Creek, many shoppers are feeling anxiety and tension after a swarm of 50 to 80 thieves targeted the high-end Nordstrom store over the weekend. The city is ramping up police and closing off a key street to traffic in hopes of preventing any more retail robberies.

A day after the lootings into several high-end stores in San Franciscos Union Square, Walnut Creek Area witnessed large-scale theft of around 50-80 gangsters on Saturday night, Nov. 20. Wearing ski masks and wielding crowbars, the gangster group rummaged Nordstroms high-end department store at the Broadway Plaza outdoor mall in Walnut Creek. In a massive []

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Mike Blake via Reuters A Silicon Valley branch of the high-end athletic apparel shop Lululemon became the latest Bay Area store to be ransacked by thieves working in unison. The shop in Santana Row was hit at around 6:30 p.m. Sunday when a group entered and quickly started grabbing merchandise off the shelves and running out within minutes. The Lululemon heist in San Jose follows a similar attack on a Nordstrom in nearby Walnut Creek on Saturday, when as many as 80 people pulled up in around 25 cars and ransacked the upscale retail giant in an operation that took less than one minute. Three suspects, who were apparently left behind, were apprehended. Walnut Creek Police tweeted a warning that the group would likely strike again. On Friday, a similar incident took place in San Franciscos posh Union Square, where a gang of thieves first smashed up an expensive car and then ransacked a Louis Vuitton store. Eight people were arrested after the attack, including one person who was armed, according to a press release from the San Francisco Police Department. We will flood this area with police officers for the foreseeable future, Mayor London Breed said Saturday.

Authorities in Walnut Creek, California, on Sunday, November 12, urged local stores to prepare as looting is liable to reoccur, similar to Saturdays ransacking of the Nordstrom store. The Walnut Creek Police Department is actively monitoring intelligence that indicates the group of thieves who stole from the Broadway Plaza Nordstrom last night are considering similar []

In what must be one of the most bizarre robberies, about 80 thieves ransack a Nordstrom department store near San Francisco. According to eye witnesses, the thieves, some wearing ski masks and wielding crowbars, assaulted employees and stole merchandise before fleeing in waiting cars. The thieves were reportedly seen rushing into the Nordstrom at the [] The post 80 thieves ransack Nordstrom department store appeared first on Euro Weekly News Spain .

About 80 people rushed into a Nordstrom store near San Francisco on Saturday and stole merchandise in what authorities called an "organized theft." Police in Walnut Creek said Sunday that they arrested three people in connection with the incident at the luxury department store, including one person allegedly in possession of a gun. "The remaining participants in this criminal mob fled from the area in cars at high speeds," officials added. Video of the scene posted to Twitter by NBC Bay Area news reporter Jodi Hernandez showed cars blocking the street outside the store as people fled and the police making arrests at gunpoint. NPR reached out to Nordstrom for comment but did not immediately hear back. The mass theft was the latest in a spate of large-scale robberies to hit the Bay Area, from pharmacies to jewelry stores to cannabis dispensaries, according to the Los Angeles Times . Walnut Creek police said they started receiving calls on Saturday night about people driving recklessly in the area of the Broadway Plaza Nordstrom shortly before 9:00 p.m.

Police suspect 80 people were involved with the organized raid in Walnut Creek, Calif., with three being arrested.

About 80 people disguised and armed with crowbars held up a Nordstrom department store in the San Francisco Bay area.

Video shows masked people streaming out of the Walnut Creek store with bags and boxes, jumping into cars and speeding away