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Nordstrom Inc

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  • Holiday Outlook Gloomier After Weak October Sales Thursday, 6 Nov 2008 | 11:16 AM ET

    Retailers are reporting some of the weakest sales in more than a decade as consumer spending dried up in October amid the uncertainty brought on by the financial crisis and mounting layoffs.

  • Econ, Earnings Numbers End Up Worse Than Expected Thursday, 6 Nov 2008 | 9:16 AM ET

    The most important fact about the economic and earnings data in the past couple weeks is that it has generally been worse than the already lowered numbers predicted. We have seen this again this morning, with the exception of the Productivity number.

  • Get Ready—Same Store Retail Sales Will Be Awful Wednesday, 5 Nov 2008 | 2:44 PM ET

    Last week, analysts finally woke up and began aggressively cutting same store sales. As always, they have been late and the stock market has moved ahead of them.

  • Debt Crisis Puts Strains on Vender-Retailer Marriage Tuesday, 4 Nov 2008 | 1:03 PM ET

    Facing the weakest holiday season in nearly two decades, retailers and the vendors who keep their shelves stocked are walking a fine line between helping each other stay afloat and protecting their profits.

  • U.S. retail chains may report some of their worst monthly sales results this week as the global financial crisis leaves its mark on ordinary consumers, casting new doubt on holiday season sales.

  • Traders See Days Of Wide Range Ahead Wednesday, 15 Oct 2008 | 11:35 AM ET

    We are entering a period of poor economic data, even poorer than the previous months, as evidenced by the retail sales data today.

  • Paulson To Blame For Late Sell-Off? Read This First Wednesday, 8 Oct 2008 | 4:54 PM ET

    Late in the day Treasury Secretary Paulson did disappoint traders by saying it would take several weeks before Treasury would buy assets, but he also mentioned the powers to inject capital into financial institutions that the Treasury now has.

  • Retail Numbers--A Closer Look Wednesday, 8 Oct 2008 | 10:49 AM ET

    Due to the Yom Kippur holiday tomorrow, a number of retailers are reporting September same store sales a day early. In general, discounters (ex-Target) outperformed, so Wal-Mart, Costco BJ, and Fred's all did fairly well.

  • Stop Trading!: What Paulson's Plan Means for Retail Tuesday, 23 Sep 2008 | 3:21 PM ET

    This sector is "very vulnerable," Cramer says, and needs Congress to act quickly.

  • Attention Wall Street: Add the precipitous slowdown in consumer spending to the list of worries and reasons to think a recession is underway or imminent. 

  • For the week ending Friday, September 5, 2008,  the U.S. markets ended in negative territory for the week after weak employment data and declines in auto and retail sales pointed to weaker consumer spending and a greater economic slowdown. The unemployment rate jumped to a 5-year high, soaring to 6.1%.  On Thursday, the three major Indices fell back into bear market territory by dropping 20% from their market peaks set last fall. Both the Dow & Nasdaq Composite had their worst daily closes since July 26, with drops of more than 340 points for the Dow and 75 points for the Nasdaq.

  • Stocks Drop 3% - Biggest Loss In 3 Months Thursday, 4 Sep 2008 | 5:47 PM ET

    Investors sent The Dow and the overall stock market sharply lower on Thursday amid signs that the economic slowdown is showing no sign of improvement.

  • Retail Results Just Plain Soft Thursday, 4 Sep 2008 | 9:28 AM ET

    Yesterday, Kohl's and JC Penney reported August same store sales slightly better than expected. Today Wal-Mart, Target, Gap, American Eagle (reaffirms third quarter guidance), Pacific Sunwear all reported sales above expectations. However, department stores did not fare as well.

  • Choppy Stocks Finish Week Little Changed Friday, 15 Aug 2008 | 4:22 PM ET

    Stocks ended a mundane week mixed, despite modest gains Friday fueled by plunging oil prices that nevertheless couldn't offset a cautionary trading environment.

  • Trader Radar - Friday August 15th Friday, 15 Aug 2008 | 12:20 PM ET

    Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. This department store chain uses a ticker symbol after its founder, John W., a Swedish immigrant with an affinity for shoes. The retailer’s now better-known for its unrivaled level of customer service. But it couldn’t help letting down some of its shareholders today, after reporting smaller profits and lowering its full-year forecast.  Who is it???

  • Stocks Give Up Gains as Energy Stocks Fall Friday, 15 Aug 2008 | 10:28 AM ET

    Wall Street shook off more signs of consumer weakness and instead focused on plunging oil prices, sending stocks up as financials continued to gain.

  • Hong Kong Follows Europe On Slow Growth Friday, 15 Aug 2008 | 9:17 AM ET

    Yesterday it was Europe announcing weak economic growth, today it is Hong Kong, where Q2 GDP fell by 1.4 percent quarter-over-quarter. Year-over-year, GDP rose 4.2%, the slowest gain since Q3 2003. Higher costs from China, as well as weaker demand, was the culprit.

  • Oil Drops, Dow Pops Thursday, 14 Aug 2008 | 8:53 PM ET

    Stocks rose on Thursday as another decline in the price of oil buoyed hopes that consumer spending will recover. Also financial shares bounced back from a sharp two-day sell-off.

  • Bulls "Put One Over" On The Bears? Thursday, 14 Aug 2008 | 4:06 PM ET

    It didn't start out promising: CPI stronger than expected, jobless claims stronger than expected, but the market rallied quickly as bulls argued that inflation was peaking, that the U.S. is further along this weak economic cycle than anywhere else in the world, and the dollar rally would be helpful as well.

  • Stock Picker Likes WalMart -- AND Nordstrom! Tuesday, 12 Aug 2008 | 1:30 PM ET

    Brace yourself.  Here come the retailers' earnings.  With back-to-school sales reportedly lackluster this year, who looks good to the people who look at retail stocks?