Nordstrom, Inc. reported a third quarter net loss of $20 million for the quarter ended October 29, 2022. For the third quarter, net sales decreased 2.9 percent versus the same period in fiscal 2021 and gross merchandise value decreased 2.5 percent. Anniversary Sale timing, with one week shifting from the third quarter to the second quarter, had a negative impact of approximately 200 basis points on net sales compared with 2021. During the quarter, Nordstrom banner net sales decreased 3.4 percent, which included a negative impact of approximately 300 basis points from Anniversary Sale timing, and GMV decreased 2.9 percent. Net sales for Nordstrom Rack decreased 1.9 percent.

First quarter-to-date service performance scores covering the period Oct. 1 through Oct. 22 included: *First-Class Mail: 91.0 percent of First-Class Mail delivered on time against the USPS service standard, an improvement of 3.0 percentage points from the fourth quarter. *Marketing Mail: 92.8 percent of Marketing Mail delivered on time against the USPS service standard, an increase of .2 percentage points from the fourth quarter. *Periodicals: 83.3 percent of Periodicals delivered on time against the USPS service standard, an improvement of 1.2 percentage points from the fourth quarter.

Gap Inc. announced plans to hire seasonal associates for its Gap, Banana Republic, Athleta and Old Navy stores, as well as call centers and distribution centers for the 2017 holiday season. The company will host a single day hiring event in all Gap, Gap Outlet, Banana Republic, Banana Republic Factory and Old Navy stores across the United States and Canada from 10 a.m. to 2 p.m. (local time) on Saturday, September 23, 2017. Job candidates are encouraged to apply for a position prior to the holiday hiring event through Gap Inc.'s online seasonal hiring career page. Additionally, Athleta will be recruiting for the holiday season through the career page. Click Read More below for additional detail.