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Nordstrom Inc

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  • CNBC's Brennan: Holidays No Gift For Many Retailers Thursday, 4 Jan 2007 | 10:34 AM ET

    Milli Vanilli might “Blame It On The Rain” but retailers are singing "Blame It On the Sunshine!"  Warm weather in the Northeast is being cited as the cause of lackluster December sales.  CNBC’s Margaret Brennan sifted through the numbers with Liz Claman on today’s “Morning Call.”

  • Analyst Retail "Buys" for 2007 Friday, 29 Dec 2006 | 11:59 AM ET

    Which retail stocks should investors keep an eye out for in ’07? Robert Buchanan, retail analyst for A.G. Edwards, and Dana Telsey, retail analyst and chief research officer for Telsey Advisory Group, were on “Morning Call” to give their picks. Buchanan has a buy on J. C. Penney . He says a slowing has already occurred and the company is poised for growth in the new year. Buchanan especially likes the management at Penney.

  • Holiday shoppers are procrastinating, but retailers aren’t panicking and offering bigger discounts to lure people in.

  • Retail sales in the U.S. rose a paltry 2.1% in November. Now the race is on to capture valuable holiday shopper dollars before the end of the season. But are the discounts being offered to lure customers into stores shaving too much off the retail industry’s profit margins? Marshall Cohen – chief retail analyst at NPD Group – seems to thinks so.

  • Put Some Luxury Into Your Shopping List Friday, 1 Dec 2006 | 7:33 PM ET

    From cars to furnishings to fragrences, you'll find what's on the lists of luxury shoppers., according to the latest survey of the Luxury Institute.

  • Retailers reported mixed November same-store sales, with nearly half  falling short of forecasts.

  • Nordstrom November Sales up 5.4% Thursday, 30 Nov 2006 | 8:02 AM ET

    Upscale department store chain Nordstrom  said November sales at stores open at least a year rose 5.4%.

  • Holiday shopping got off to a strong start over the week-end with upscale department stores looking like early winners.  And  it's not just grownups who have their hearts set on something luxurious. Kids are going upscale, too.

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