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Gerry Van Niekerk had a dizzy spell in his local store and was overcome with warmth and care that he received when he regained consciousness. In his most vulnerable moment, Gerry was blessed to meet some of the most caring people. Related Story We rise by lifting others - South African story goes viral for all the right reasons!
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About the Author. Related Stories. And that's what we talk about internally — is don't get caught up," in where people are shopping, be it in stores or online, he said. Part of the hope for Nordstrom, in rolling out more Local locations, is to amass more frequent visitors. It will lure people in with additional services like shoe and handbag repairs, and gift-wrapping available at the two new Nordstrom Locals in New York. The company said the roughly 1,square-foot space on the Upper East Side will also offer stroller cleanings for busy moms.
And the roughly 2,square-foot space in the West Village will have a section dedicated to showcasing products from popular brands, on a rotating basis. The growth comes as Nordstrom has hit a sales slump and needs some sort of boost. In its latest earnings report , it said sales at full-price stores were down 6. The Seattle-headquartered company proceeded to slash its outlook for the fiscal year, blaming the poor results on "executional misses.
During a call with analysts, co-President Peter Nordstrom said the cycle for women's apparel is "shorter than it's ever been. So one of the things we need to do is identify new emerging brands and amplify them quickly. Nordstrom, like other department store chains in , faces added pressure as more brands invest in their own stores and websites, as opposed to relying heavily on wholesale partners. More and more women are also turning to subscription boxes and rental or styling platforms like Stitch Fix and Rent the Runway for clothing.
Nordstrom has tried to tap into that trend by putting Rent the Runway drop boxes in some of its Local stores. Nordstrom on Oct.
It opened a shop for men right across the street in When it opens in late October, the flagship space will hold six restaurants, including some run by famed Seattle chefs. Nordstrom, however, expects its new store — which marks the largest single-project investment in the company's history — will be unique enough to set it apart from the rest. Sign up for free newsletters and get more CNBC delivered to your inbox.
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Paris gets world's first city-centre Ikea store
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