Harry Rosen launching $50-million overhaul of its retail stores over five years [Globe and Mail, The (Toronto, Canada)]
Nordstrom, Inc. (JWN)
Last nordstrom, inc. earnings: 3/3 04:05 pm
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Source: Globe and Mail, The
The same forces that have put the squeeze on commercial real estate in some of Canada's biggest cities – with many people working from home more often – have also reshaped men's fashion. And the men's wear retailer, known for decades for its suits, has been forced to adapt. “The last four years have been a total reinvention of how people dress, and how men dress,” said chairman and chief executive officer Larry Rosen, whose father, the late Harry Rosen founded the business with a small made-to-measure men's store 70 years ago. “The other thing that really changed was the way that men shop.” During the pandemic, the company expanded its casual-wear offerings, branched out into grooming and personal care products, and spent more than $5-million to bring its digital operations into the 21st century. E-commerce has ballooned from 4 per cent of sales before the pandemic to roughly 20 per cent today. While the pandemic was a bumpy ride for all retailers, Harry Rosen included, the bus
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JWN
Earnings
- 3/5/24 - Beat
JWN
Sec Filings
- 4/25/24 - Form SC
- 4/18/24 - Form 8-K
- 4/18/24 - Form SC
- JWN's page on the SEC website