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
Topics regarding layoffs at Nordstrom
Build vs buy discussed 15+ years ago. Nordstrom decided to buy, but hey now let’s build one. Because Kafka and cloud hosting and event... — read more
The longer I’ve been unemployed from Nordstrom. The more truth surfaces. It’s like being on the outside looks in!
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
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
Expected to close by May 28th Link: https://www.newsday.com/business/nordstrom-rack-huntington-station-closing-off-price-1.50166384
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
If in Full Line, you probably notice dramatic departmental floor moves and consolidations underway. Namely in women’s apparel and men’s. Also floors won’t be able to change for 6 months at a time per Jamie. The product buys have decreased and it’s a... — read more
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
Chickens are coming home to roost!!!
Anyone know how NPG's business is doing?
EOM, right into earnings. Where is the deadwood? Who’s slacking?
Anyone have a guess? We’ve heard supposedly early March.
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
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
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
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
Is anyone hearing anything about store closures, beyond mr koolaid man? • Men’s store What else?
This company is so sneaky and tecky it has people from corporate or store level making comments. This company reminds me of a cult!!!
Hand over your paperwork Hr!!
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
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
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
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
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
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
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
Can someone confirm?
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?
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
Anyone know if 2020 W-2s have gone out yet?
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?
Covid has hit us hard lost 25 employees in the last month.