All’s quiet on the Pacific Northwest front as JWN stock dramatically tumbles to $12.33/share..... Anyone care to spill a bit of info?
Topics regarding layoffs at Nordstrom
A share of $JWN cost you $64 and change.
Amazon launched their new luxury store today – bye bye Nordstrom. Have fun with Rack stores and 20% margins.
Big batch of SEC filings, lots of 4 disclosure forms and new 10-Q and 8-Ks: https://press.nordstrom.com/financial-information/sec-filings The named executive officers got fresh batches of stock options... — read more
Yo! Is everyone getting pay hikes? They are giving in tech. Just checking, things seem good, right?
I was a cosmetics counter manager at Nordstrom. They informed me they would lay me off because of their decision to reduce their workforce due to Covid-19...they called be back and decided to offer me a position as a “seasonal employee” in... — read more
When I was at Nordstrom, I can remember the moment when I stopped thinking of Macy’s as a competitor. We had outclassed them as a retailer, with much higher sales per sq ft, a better online and customer experience, and superior integration to the... — read more
Janitor is busy deleting posts and comments here. Don’t want the truth to get out
I heard from reliable person that somewhere between Sept 22 and Oct 6, Nordstrom will announce some big changes. Either bankruptcy is on the cards or spinoffs... I think they will use this opportunity to get out of paying the severance owed to... — read more
After the Q2 results, the loss is bigger than expected. I understand it’s a struggle to keep Nordstrom's business going, but the CEO should protect the workforce just as much as he is protecting and enhancing company's liquidity. The future is clear... — read more
Hehehe. I feel positive.; Not sure about $$$ but the stock will end up 10% up. Just my gut feeling
it actually makes a bankruptcy filing late this year even more likely. Online could easily exceed 50% of demand this quarter, maybe even 60%. This only makes the stores, with their leases and overhead (you), even more obvious a burden, to be... — read more
"Since 2009 they never fail to mess up an anniversary item due to inventory system. I keep hoping one year they will fulfill my complete order correctly 😂 "
I’m an employee that got 9 days notice on an Illegal WARN Notice. I’m disgusted. I’m still waiting to understand what is going on. Nordstrom left my family with no health care or anything at all. No one wants your overpriced c-ap. Marshall’s is... — read more
Seems items are getting sold out before a lot of shoppers are getting a chance to shop, and (surprise) those lucky enough to check out with items are getting email "out of stock" cancelations later... I remember in a meeting listening to some guy... — read more
Macy’s is closing their 170,000 sq foot Water Tower location. The Magnificent Mile is dead, ruined by crime, and the local .gov won’t protect your business or your customers. It’s time to leave.
The Visual Dept at Nordstrom turned into privileged mean girls club. There was no diversity on my last team. A bunch of young spot brats. They hate older people. We had Tarot card readings from an x coworker who felt gifted every Friday from 1-3. ... — read more
Who’s got the dirty details on the 2nd quarter. Some of us can’t wait! Does anyone know Nordstrom’s next move once those earnings are released? Conveniently in the middle of anniversary. This is like watching a train on fire coming into the... — read more
Tried to access their site but hitting intermittent errors. What’s the latest? Did everyone get the severance checks? I didn’t
They only hired people back to get them off unemployment. They will face a lay-off after the sale but coded as seasonal they will have to fight for unemployment. It’s a dirty dirty game
I hear Hautelook is doing great right now – anyone know if true?
Hi there. What has happened to the visual departments? Have they been cut like Macys has done? Are associates and managers expected to change mannequins? Are windows being closed off? Thanks for any responses. I am a former visual stylist that... — read more
If you’re a high school or college student that’s fine, but no grown adult who is working at Nordstrom as their primary full time job should be working for $12-$13 an hour, that’s ridiculous.
I am a former Nordstrom manager, never ever take a pay cut, unless you are absolutely desperate, and even then try your hardest to find a new job. The worse thing you can do in a job market is work for reduced earnings, because it will come back to... — read more
I heard its true, they don't have enough cash to pay employees and will declare bankruptcy. Then they will shut down all the full line stores and focus just online and Rack stores. Is that true?
A few days ago I paid a visit to the Nordstrom Store at the Freehold Raceway Mall in Freehold, New Jersey and was able to get inside of the store because they had a fixture liquidation sale that ran from Sunday, July 19th, 2020 to Wednesday, July... — read more
About 10 counter managers in our store including myself were called and told that there was no hours available to bring us back into our previous positions despite being told back in March we would all be coming back. In one quick unexpected call you... — read more
Ive worked in the full line Nordstrom stores down to the Racks and Ive never seen so much discrimination in my life especially from the managers and are encouraged by their regionals. My last store manager is very verbally abusive but its ok because... — read more
Previewed the Anniversary Sale this morning; the assortment looks pretty good. Some decent shoes and several nice Patagonia jackets. Almost 800 different styles across Men’s, a respectable effort. The website looked great on a new iPod touch... — read more
Among the retailers that CFRA says are “among the most highly leveraged retailers and face elevated bankruptcy risks” are Macy’s, Kohl’s, Dillard’s Inc. DDS , Nordstrom Inc. JWN and Victoria’s Secret parent, L Brands Inc. LB .
How can a company that boasts about being “family” just throw their very loyal and hardworking employees onto the street with hardly any notice? Then they are denying people their unemployment claims. I regret the decision to ever work there. Is... — read more
And how many more are they planning to cut? I know last month they cut more than 6,000 people. That's in just one month! And we know there have already been some layoffs this month and they are planning to have more. I think we are seeing the last... — read more
My last day was June 19. I’m getting anxiety as the unemployment CARES Act ends this week. I haven’t received anything from Nordstrom to sign. I saw that they FINALLY put in a WARN Notice to WA State (a bit late) on July 17. Anyone have information... — read more
Just posted from WA State: Employment Security received a WARN for an organization in Seattle. Organization: Nordstrom, Inc Expected beginning date of separations: May 8, 2020 Number of affected workers: 521 Layoff or closure:... — read more
The liquidation sales will happen between Sunday, July 19th, 2020 to Wednesday, July 29th, 2020 no clothing will be sold anyone wants a chance to say good bye to this store this is your chance to do... — read more
If any of you think you will get a penny in being laid off because the company is BROKE it is NOT happening. Nordstrom is making deals with the devil to get away with so much. SAD 😢
Not paying their leases (50%) by bullying and treating their laid off 6,000 employees like c-ap. Nordstrom family, you are OVER.
I’m a long time employee. I got laid off a month ago. I’ve been ghosted. I’m BROKE. I hope this company goes down in flames because they have left so many people Homeless and without a job. Bye Nordstrom! Who cares about your materialistic and... — read more
I was not only a loyal customer but a long time employee who drank the Kool aid. I was laid off a month ago. I am saddened at how I have been ghosted and left hanging without any kind of clue. Disgusting! Buckle up Nordstrom Family, your are in for... — read more
Finally got my severance – c-ya in the rear view Nordstrom!