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Nordstrom Cedar Rapids layoff poison pill

Nordstrom board adopts ‘poison pill’ to fend off potential takeover

In the wake of a Mexican upscale retailer’s move to purchase 9.9% of Nordstrom’s stock, Nordstrom has adopted a “poison pill” strategy to fend...
Nordstrom Cedar Rapids layoff poison pill

Nordstrom to lay off more than 200 Cedar Rapids workers

Nordstrom plans to lay off more than 200 workers at its warehouse and distribution center in southwest Cedar Rapids, according to an Iowa Worker...
Nordstrom Cedar Rapids layoff poison pill

Nordstrom net earnings, EPS top analysts’ estimates

Nordstrom reported earnings March 1 for the fourth quarter of the 2021 fiscal year that the company said were “in line” with its overall...
Nordstrom Cedar Rapids layoff poison pill

Nordstrom third-quarter earnings below estimates, but overall sales jump sharply

Nordstrom, with operations in southwest Cedar Rapids, reported third-quarter earnings that fell substantially below analysts’ estimates, with the apparel retailer saying it needs to...

Nordstrom acquires a minority interest in Topshop, Topman brands

Nordstrom and ASOS have announced that Nordstrom has acquired a minority interest in the Topshop, Topman, Miss Selfridge and HIIT brands. This investment will help drive the growth of these brands...

Bracing for bad numbers

CBJ Editorial “We are going to see economic data for the second quarter that’s worse than any data we’ve seen for the economy,” Federal Reserve...

Future of Retail, Part I: Corridor riding the e-commerce wave

The Nordstrom fulfillment center at 7700 18th St. SW, Cedar Rapids, fills orders from Nordstrom.com, trunkclub.com and Nordstrom in a building with more floor...

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