Will Nordstrom survive?

I wanted to go checkout what’s going on there. Anyone else going in?

Fitch Ratings drops its default rating for Nordstrom (JWN -7.9%) to BBB from BBB+ and issues a Negative rating outlook. "The downgrade and Negative Outlook reflect the significant business interruption from the coronavirus pandemic and the... —  read more 

So is brick-and-mortar retail finally terminal with this virus? Cheesecake Factory refuses to pay their rent. Simon, Taubman, etc mall REITs in flames. Everyone broke and frightened now of the future. All the FLS just sitting there, costing... —  read more 

What's your best guess when the stores open again? It ain't going to be for two weeks like they are saying.

I'm mostly interested to know if there is any guarantee that those affected will be invited back to work once the situation settles down? Is that a certainty or can Nordstrom simply decide at some point to make the furloughs permanent (turn them into... —  read more 

People actually writing code? Or is this the domestic IT staff? FTEs or including contractors? How many do you actually need? How are the BevyUp and MessageYes acquisitions these days? Are these thing in use in production? Someone tell me... —  read more 

Start selling

Is anyone able to access the Nordstrom COVID-19 Information or the COVID-19 Information FAQ? I haven't been able to access the Nordstrom COVID-19 Information site after logging in, it days I don't have access tothe application. I'm now also unable... —  read more 

Nordstrom was supposed to close two stores for good at the start of April. With everything that's been going on, I'm worried that number might go up - significantly. Not to mention that since the stores are already closed due to the coronavirus... —  read more 

The symbiotic relationship between Boeing and Nordstrom, especially in areas like Alderwood and Everett, will definitely play out again like it has in the past. When Boeing falls, so does business for places like Nordstrom and Alderwood Mall. While... —  read more 

Yo! Stop slacking folks! It’s supposed to be working from home, yeah! Peace! Stock is low, I am crying

Chilling? Netflix/Hulu/Prime/HBO binge watching? Who is really working.... come on

After quarantine is lifted, cooped up pigeons will flood to the stores and stores will be back in business. Ditch online shopping and make store shopping fab again. Stock up, we are ready for post quarantine

On behalf of everyone at Nordstrom, our hearts go out to all those impacted by COVID-19 – this includes not only those diagnosed with the virus, but also their friends and family, those whose jobs and schools have been impacted and so many more. Our... —  read more 

will the effort save anyone?

It won’t be easy, it is going to take a grim seriousness like what we are seeing at Macy’s, but Nordstrom will survive. Geevy once reminded me that it takes a lot to end a retailer, as long as the brand is intact and there is income, someone can... —  read more 

Since I know you guys lurk here. Will Nordstrom release an 8-K report any time soon detailing the company's exposure, if any, to the Extell development Central Park Tower? Does Nordstrom Corporation have a stake in or share the risk for the... —  read more 

Sales is zero. They could have rented out the stores for quarantine and made some rent money. King County wouldn't have to buy some flea infested hotel for quarantine. Yes, stay behind the VPN until your VP tells you otherwise.

What will happen next and were will this take us?

What's the overall mood as it relates to the King County virus outbreak? I am curious to hear how people working there feel? All the best.

Do you really employ 1,800+ software engineers, at salary levels per that old Blind boast post? How quickly can you slash capex and expense to staunch the bleeding? If your internet fulfillment web site and back end really demand so many... —  read more 

I need to catch up. So the last I had heard, it was 2016 and Blake was apologizing to the City of Visalia for getting cold feet and mothballing the planned west coast FC. This would complete the set — Cedar Rapids, IA, somewhere in eastern PA... —  read more 

Back in the day, it was known around the IT circles at Nordstrom that project work in general was a “nice to have” and that if it were necessary, any and all new development tasks and capex could be scuttled and IT reduced to a bare-bones support... —  read more 

What happened to flash on the iPads? The apps gone on all the floor iPads. Transparency is slowly going away, scary stuff.

Please read: https://wolfstreet.com/2020/02/04/another-major-employer-leaves-san-francisco-1000-tech-jobs-vanish-macys-shuts-tech-center-in-broad-optimization/ Nordstrom may be a little different, because stupid sprawling Macy’s had multiple... —  read more 

What's the total headcount? How many employees work at Seattle?

The numbers show the NY Flagship did not have anywhere the sales projected in December. January is off to a very bleak start. They put lipstick on a dying pig.

Hello, Ive worked over 2 years now at Nordstrom at a million dollar cosmetics counter. I am always on time, never call in sick, and work really hard...I made Pace Setter for 2019. Doesn't matter..... They didn't even give us heads up and CUT an... —  read more 

The first one has already been planned and will be executed soon. The company is overstaffed in the Corporate Center with very expensive Seattle IT worker bees. Does the NOC at Denver still exist? WTF for? This should have been shut down 5... —  read more 

Cracks Are Showing On The Surface Of Once "Safe" Top Tier Malls https://www.zerohedge.com/personal-finance/cracks-are-showing-surface-once-safe-top-tier-malls For a while, it looked as though top tier malls may be able to narrowly avoid the... —  read more 

And just in time. This changes everything.

Personally I have never worked in a more toxic fake work culture in my entire life.... this means that this company will not last. Abort any stock, plans or purchases for long term with Nordstrom, the reward is only profiting the worst people in... —  read more 

Do you think there may be small/medium/large Nordstrom Layoffs 2020? Any news or rumors?

So I was just screwing around, I googled “Nordstrom Starbucks Nike Vice President” just to see if a certain talentless someone would come up — yup. But another person was listed who has the opposite trajectory, ending up at Nordstrom in 2017 as... —  read more 

It can't be true that Nordstrom has 1,800!!! software developers, can it? What in the world do we need them for and what in the world do they do all day if that number is true? Frankly, if there are that many, then that is THE PERFECT WAY to cut... —  read more 

It will be interesting to see how Nordstrom reports on the fortunes of the Manhattan FLS, if they will break it out like the Anniversary Sale or at least answer specific questions on it in the earnings call. Up to now they have been very open and... —  read more 

A new perspective on retail has emerged lately, one that is entirely lethal to the old one embodied by an establishment firm such as Nordstrom. Up to now, e-commerce has been proposed as something more convenient and more efficient than... —  read more