Nordstrom

13
7 months agoOpen For Voting

Not only this hits close to home (as I work for the company) but I always wondered about the company as there is very little news about it. Either that or I’m looking in the wrong places. I don’t know if it’s doing good or bad. At the State of the Company meeting, they say we are doing good because we had over $2 billion in sales company wide, but the price of the stock went down from $60 to below $40 in a matter of 3 month and we had major “structural changes”. For a lack of better terms lay offs and demotions to existing department managers. The year before that we had “structural changes” to our Loss Prevention where they just demoted everyone from Agents to Service Ambassadors (non armed security that can’t arrest shoplifters)