I received a formal WARN notice in the mail dated 6/17/20. My final day of employment was 6/19/20. In addition the end date in the letter stated “We anticipate your separation date will be June 19, 2020 or during the fourteen day period after that... — read more 

How is it that Nordstrom has received some of its best people in Technology from Starbucks, and, in return, sent them some its very worst, the true dregs? So are we done restructuring Nordstrom? $500 million in capex removed? I would love to see... — read more 

Lay-offs done, we have discussed from outside how to fix Nordy or spend $ somewhere else. Time to say bitter sweet good byes?...

If you had all power and a well funded budget, waht would you do?

Clearly the ship will sink pretty fast favorites soared on layoffs not the talent in npg and nmg. Until leadership is overhauled meaning yes the brothers need to dig in and do more work to resolve. For example in npg a male verbally abusive... — read more 

So ... how did these acquisitions work out? Asking for a friend. 😛

I thought employers laying off hundreds of people were required to give a 30 day or 60 day notice? Why did we only get a 9 day notice? I worked at Corporate Campus and I expected a longer notice due to the amount of people laid off all at once.

Worth reading, it has a good restatement of the risks from the 8-K and earnings for the quarter. https://seekingalpha.com/filing/5041825 E-commerce really came through for needed revenue, but the merch was deeply discounted and painful to... — read more 

Corporate Campus is undergoing a massive reorganization that started on 6/8. You are either laid off, demoted, pay cuts and/or transferred to another team. If you turn down their offer to stay (with a pay cut, demotion or transfer) you are considered... — read more 

Sorry to folks who have been laid off, I wish you the best.

Mine is low, cannot concentrate with all the protests, looting, etc. Seriously, I wish they published the WARN and then lay-off is done. Life is on hold. Just sitting around and worrying.

When’s the lay-off? No announcements so far. What’s going on? Cut some staff. I don’t work there. Post some updates folks. Where’s Bleak?

After seeing the initial 16 store closures (more to come, I’m sure) and cutting ties with the Jeffrey, I’m curious what kind of financial gain Nordstrom sees in Trunk Club. Why keep them? Are subscription clothing boxes even popular anymore? Sure... — read more 

Did anyone else notice? The Nordstrom.com home page is marketing to dads for Father's Day, with a banner and real photos of fathers with kids. http://shop.nordstrom.com When I visited yesterday, a particular ethic group was conspicuously... — read more 

No layoffs, folks! Enjoy. Returning to work! Yay! Lot of stress due to all the worries

Stores are closed, staying home and getting paid. Online business has picked up but not as much. Life is cool folks! Who is complaining?

Yeah, sell now. This ship is going down. Jump off, rats or go down with it Peace. Out “Got450KToSell

Here's the list of closing stores, 16 previously and three newly announced: 650 A Stanford Shopping Center, Palo Alto, California 3500 Peachtree Road N.E., Atlanta, Georgia 449 West 14th Street, New York, New York Chandler Fashion Center, 3199... — read more 

Hoping this can be the starting thread for any updates/rumors about the 20% workforce reduction they’re positing for the second week of June. Does anyone know which parts of JWN are more affected? Retail? Corporate? Customer facing? Different... — read more 

https://press.nordstrom.com/news-releases/news-release-details/nordstrom-report-first-quarter-2020-financial-results-may-28 The company answered my question re the Jeffrey stores, all closing, with their namesake retiring from Nordstrom after 15... — read more 

How many people on average work at the closing stores? Between 150-200? If I am right, at least 2,400 are losing their jobs next month for sure. And I'm sure that sooner rather than later more of us will find out our locations are closing/we are... — read more 

Good luck!

Next leg of this will be the realization that many of the furloughs are permanent layoffs. A lot of corporations are in this posture, and we can see that things are not going "back to normal". In this cycle, has Nordstrom even announced headcount... — read more 

Well, it was good while it lasted. I know half of you were laid off recently too in NJ and I don't know about you guys but I have literally no idea what I'm going to do now. I'm trying to stay positive but it's almost impossible.

16 FLSs will choose by Aug, Corp announced today. Details to follow this week.

The retail trade press suggested August for it last month, and now Nordstrom web site does not list an actual date expected for the sale. Anniversary Sale discounts a swath of new fall merchandise for a brief window in the retail doldrums of... — read more 

Add Saks to the great bonfire. Macy's is barely holding on, they are spread so thin. JCP, Neiman, Barneys, corpses all stinking up the place, disgusting. But JWN was always very selective about where to put its FLS. There is no Nordstrom store... — read more 

Just QUIT and go into oblivion. Please. Save money, save space and do the right thing. Give your career a boost and work elsewhere. Let this one sink.

https://seekingalpha.com/pr/17840130-nordstrom-announces-additional-liquidity-and-flexibility-measures SEATTLE–(BUSINESS WIRE)– Nordstrom, Inc. (JWN) continues to take precautionary measures to strengthen its financial position for the long... — read more 

I want to shop – the NYC FLS. Have they boarded up the 57th Street windows like the shops along Ballard Ave? Turn those machines back on!

https://seekingalpha.com/pr/17832480-nordstrom-inc-announces-pricing-of-offering-of-senior-secured-notes SEATTLE–(BUSINESS WIRE)– Nordstrom, Inc. (JWN) announced today that it priced an offering (the “Offering”) of $600 million aggregate... — read more 

Nordstrom filed an 8-K report this morning that gives an update on the impact of the COVID-19 pandemic on the business, as well as a detailed restatement of the risks faced by the company. https://seekingalpha.com/filing/4924636 "The Company... — read more 

Will Nordstrom survive?

I wanted to go checkout what’s going on there. Anyone else going in?

Fitch Ratings drops its default rating for Nordstrom (JWN -7.9%) to BBB from BBB+ and issues a Negative rating outlook. "The downgrade and Negative Outlook reflect the significant business interruption from the coronavirus pandemic and the... — read more 

So is brick-and-mortar retail finally terminal with this virus? Cheesecake Factory refuses to pay their rent. Simon, Taubman, etc mall REITs in flames. Everyone broke and frightened now of the future. All the FLS just sitting there, costing... — read more 

What's your best guess when the stores open again? It ain't going to be for two weeks like they are saying.

I'm mostly interested to know if there is any guarantee that those affected will be invited back to work once the situation settles down? Is that a certainty or can Nordstrom simply decide at some point to make the furloughs permanent (turn them into... — read more 

People actually writing code? Or is this the domestic IT staff? FTEs or including contractors? How many do you actually need? How are the BevyUp and MessageYes acquisitions these days? Are these thing in use in production? Someone tell me... — read more 

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