NORDSTROM DOWN 53 PERCENT IN SECOND QUARTER
by Stephen Garner
Aug 26, 2020
Jeffrey Kalinsky, founder of the luxury store and the current designer fashion director at Nordstrom, has made the decision to retire entirely from the Seattle-based retailer.
Read MoreCalifornia is hit the hardest with six full-price stores slated to close by August.
Read MoreThe stores that will shutter have not yet been identified.
Read MoreJim Donald and Mark Tritton have been added to the retailer’s board as Kevin Turner and Gordon Smith exit.
Read MoreNordstrom said that its executive leadership group will forgo a part of their salary, and both Pete and Erik Nordstrom declining their salary from April through September.
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