Nordstrom Holiday Same-Store Sales Rise 1.3 Percent

Nordstrom, Inc. announced a comparable sales increase of 1.3 percent for the nine weeks ended January 5. Full-Price sales were below the company’s expectations due to weak traffic and the department store operator now expected fourth-quarter earnings at the lower end of guidance.

Dick’s Ed Stack Discusses Purposeful Leadership At NRF Big Show

At a session, “Company Conscience: Leading With Conviction,” at the NRF Big Show in New York City, Ed Stack, chairman and CEO at Dick’s Sporting Goods, discussed the retailer’s efforts to ensure a work/life balance for its employees and the retailer’s commitment to community that’s reflected both in its Sports Matter funding program and controversial decision to change its gun policy.

Companies Update Guidance In Advance Of ICR Conference

Late Friday afternoon and early Monday morning saw a host of preliminary sales and updated guidance releases from companies presenting at the ICR Conference, being held in Orlando, FL. Here’s a roundup of what retail and consumer brands announced over the last couple of days.

JCPenney Announces Executive Leadership Changes

J. C. Penney Co. Inc. on Monday announced a series of leadership actions taking place over the next few months that will assemble a cross-functional executive team that merges the talents and perspectives of new and existing industry leaders to focus on the needs of the value-based consumer and position the company for growth.