CFA, WELLS FARGO: Invitation to next "Crystal Ball" breakfast session, "Private Label vs Branded Manufacturing."
STOKES ME: SIMA Humanitarian Fund campaign kicks off this week with "Add-A-Buck" promotions in 76 core-store doors.
Details on Industry Insight.
For the first quarter, same-store sales fell 6.5 percent, below the 3 to 5 percent decline the company expected.
Strong categories during April: Cosmetics, designer product across all categories and women's activewear, hosiery and intimates.
Strong regions: South and Midwest
Other news: Nordstrom is moving up its half-yearly sale for women and children two weeks early. The sale will now start May 21. The company said it wants to better align the sale with Memorial Day weekend.