- Nordstrom is hosting its anniversary sale from July 12 to Aug. 3.
- The department store is offering its loyalty program members early access to discounts depending on their membership status. Icon loyalty members will have access on July 8, Ambassadors on July 9 and Influencers on July 10.
- Nordstrom has added more than 65 new apparel and shoe brands to this year’s anniversary sale lineup, including Sperry, Rothy’s, Alice & Olivia and Bagatelle. The company is also launching “Anniversary Big Deals” with deeper savings of up to 50% off on select products.
Nordstrom’s anniversary sale adds 65 brands to the mix | Retail Dive
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•Total revenue was $123.4 billion, an increase of $2.5 billion, or 2.1%. Excluding currency3, total revenue was $124.4 billion, an increase of $3.5 billion, or 2.9%. •Walmart U.S. comp sales1 increased 1.8% with traffic growth of 1.3%, marking the twelfth consecutive quarter with positive comp sales. •E-commerce growth at Walmart U.S. remained strong, led by organic growth through Walmart.com. Net sales and GMV grew 60% and 67%, respectively, as customers continued to respond well to new initiatives and an expanded assortment of more than 67 million SKUs. •Second quarter EPS included a charge of $0.17 for loss on extinguishment of debt in connection with the company's recently completed debt tender offers. This discrete charge was partially offset by the gain from the sale of the Suburbia business in Mexico, which benefited EPS by $0.05. Click Read More below for additional detail.
Hearst announced it has agreed to acquire CellTrak, a leading provider of care documentation software solutions in the personal care market. The announcement was made by Steven R. Swartz, Hearst president and CEO; Gregory Dorn, MD, Hearst Health president; Scott Decker, Homecare Homebase president; and Dan Wacker, CellTrak CEO. Terms were not disclosed and the transaction is expected to close in Q1 of 2022. CellTrak will become a wholly owned subsidiary of Homecare Homebase, with Wacker continuing as general manager of the company. “In-home care services have grown significantly the past 10 years as it is the preferred venue for people to receive care, and Homecare Homebase has been the leading platform providing vital workflow solutions in the home health and hospice categories,” said Dorn. “Extending their capabilities to personal care is the right next step for caregiving in the home.”