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BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - ny 59th st
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UNDER ARMOUR
Stock Teammate, Part-Time 5am Shift, $15 Per Hour
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L'OREAL GROUP
Analyst - Supply Chain
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Payroll, Senior Business Analyst (IT Liaison) – l’Oreal Corporate Payroll
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PRANA
Director, Strategic Accounts & Sales Business Development
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BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Stanford
Permanent · PALO ALTO
ROSS
Store Protection Specialist
Permanent · Tampa
By
Reuters
Published
Mar 2, 2021
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Nordstrom sales beat on off-price clothing channel, online strength

By
Reuters
Published
Mar 2, 2021

Nordstrom Inc on Tuesday reported better-than-expected revenue for the holiday quarter, aided by a rise in e-commerce sales and growth in its off-price business, Rack.


Nordstrom


Pandemic-induced declines in household income and high unemployment rates have led to a spike in demand for affordable clothing. This boosted the off-price business of Nordstrom, which also benefited from a greater shift to online shopping.

Sales at Nordstrom Rack decreased 23% from a year earlier, but were better than previous quarter’s 32% slump.

Digital sales of about $2 billion in the reported quarter accounted for 54% of the retailer’s total business.

Total revenue fell 19.7% to $3.65 billion in the fourth quarter ended Jan. 30. Wall Street had forecast $3.60 billion, according to analysts surveyed by Refinitiv IBES.

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