Simons to launch two new Toronto department stores in 2025 [Yahoo! Finance]
Nordstrom, Inc. (JWN)
Last nordstrom, inc. earnings: 3/3 04:05 pm
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Source: Yahoo! Finance
The new stores will be located in Yorkdale Shopping Centre and the Eaton Centre, in the area previously occupied by the US chain Nordstrom, which withdrew from the Canadian market in 2023. The Quebec-based company is investing $75m in the ventures. The Yorkdale store will span 118,000ft² on two floors and the Eaton Centre location will cover 110,000ft² across three floors, making them among the largest Simons stores in the country. Simons reported record sales exceeding $650m in 2023, with two-thirds generated from its physical locations. The addition of the two new Toronto stores is projected to increase the company's total sales by 15%. To support the new locations, Simons plans to hire around 400 new employees, the Financial Post reported. The retailer began expanding outside Quebec in 2012 and now operates 17 locations across Canada. Despite having only one store in the Greater Toronto Area at the Square One Shopping Centre in Mississauga, Ontario, Toronto remains t
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JWN
News
- Should You Be Excited About Nordstrom, Inc.'s (NYSE:JWN) 36% Return On Equity? [Yahoo! Finance]Yahoo! Finance
- Nordstrom Rack to Open New Location in HoustonPR Newswire
- I booked free personal-styling appointments at Nordstrom and Saks. I can't believe how much I learned — and how much fun they were. [Business Insider]Business Insider
- Nordstrom, Inc. (NYSE: JWN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Nordstrom (JWN) on Track With Long-Term Plans: Apt to Hold? [Yahoo! Finance]Yahoo! Finance
JWN
Earnings
- 5/30/24 - Miss
JWN
Sec Filings
- 6/24/24 - Form 4
- 6/24/24 - Form 4
- 6/24/24 - Form 4
- JWN's page on the SEC website