A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Nordstrom Expands ‘Local’ Concept to New York
Nordstrom Local stores don’t sell anything but, instead, offer services like online order pick-up and alterations.
Seattle—Nordstrom announced last week that it is expanding its Nordstrom Local concept to New York, with two locations set to open in Manhattan in the fall.
Unlike traditional stores, the locations don’t sell anything, instead operating as service hubs, offering online order pick-up, tailoring, alterations and styling.
In addition, they have flexible floor plans that allow them to transform to make room for events. The retailer said it plans to hold events there for Nordy Club loyalty members as well as the public, in a push to grow the company’s relationship with the surrounding neighborhoods.
The New York Nordstrom Local stores are set to open in September.
Nordstrom launched its Local concept in Los Angeles last year, which is its largest market.
“We know our local market strategy is driving outsized market share gains in L.A. and increased product selection, delivery speed and convenience for those customers,” Shea Jensen, senior vice president of customer experience, said in the company statement announcing the expansion to New York.
Customers who visit Nordstrom Local spend two-and-a-half times more on average, the retailer said.
Next day pick-up services have been a customer favorite on the West Coast, with 30 percent of the retailer’s next day pick-ups being done in at Nordstrom Local locations.
The new Nordstrom Local stores in New York will be located on 7th Avenue in the West Village and on 3rd Avenue on the Upper East Side.
“NYC represents our largest online market and we know when we open physical stores, it complements our online presence and increases sales,” Jamie Nordstrom, president of stores, said in the company statement.
Seattle-based Nordstrom was founded in 1901, but didn’t make its way to New York until last April when it opened a men’s store on West 57th Street.
A seven-story flagship store, which will include women’s merchandise, is set to open in October just across the street.
Though there were discount Nordstrom Rack stores in New York prior to last year, the upcoming 32,000- square-foot flagship will be the first full-service Nordstrom.
Dallas-based retailer Neiman Marcus also recently moved into the New York market, opening a 188,000-square-foot location at Hudson Yards.
That store also focuses heavily on service offerings, including a custom hat shop, an in-store shoe shiner, a pop-up florist, restaurants and a stage for live performances.
The Latest
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The selected nine organizations have outlined their plans for the funds.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.