Nordstrom

100,000 Opportunities Initiative

If you’re between the ages of 16 and 24 and looking for a job, head to Seattle’s Centurylink Field on Thursday to meet with hiring managers from companies including Microsoft, T-Mobile and Starbucks.

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Nordstrom said it's planning to cut 350 to 400 jobs, mostly in the Seattle area, as it makes changes to its business model. That represents about 5 percent of the company's Seattle workforce. 

A Nordstrom spokeswoman, Tara Darrow, said in an email that the job cuts are in addition to previously announced plans to eliminate about 130 technology positions. The fashion retailer employs a total of 70,000 people. 

U.S. Embassy New Delhi

If you’re looking forward to a long weekend, you’re in the minority. The number of employers closing for business on Martin Luther King Jr. Day has been inching up in recent years, but it’s still only 32 percent.

Bill Holmes

Nordstrom says profit and sales climbed in the most recent quarter, although earnings came in just below what analysts predicted.

Nordstrom says men’s shoes, men’s apparel and kids’ clothes did especially well. Morningstar analyst Paul Swinand says the company’s also doing well online. He says brick-and-mortar retailers like Nordstrom may have been late to the game but they’re reaping the benefits of e-commerce.

Nordstrom

OLYMPIA, Wash. (AP) — Upscale department store chain Nordstrom Inc. has joined a number of Pacific Northwest businesses in expressing support for same-sex marriage.

Elaine Thompson / AP Photo

A planned rally for Sonics fans at 4 p.m. today in Occidental Park is perhaps taking on even more significance, with word this week that Microsoft CEO Steve Ballmer and two members of the Nordstrom family are among the investors behind the plan to bring the Sonics back to Seattle with a proposed new arena.

The Associated Press

The team backing a new sports arena in Seattle began coming into focus today, with Microsoft CEO Steve Ballmer and two members of the Nordstrom family putting their money behind the proposed venue. They’re the first to go public as part of hedge fund manager Chris Hansen’s team of private investors.

Flickr, @photo

A surprisingly solid March – that's the consensus about last month's retail sales.  Despite cold weather and climbing gas prices, shoppers spent a lot more money last month than they did in March a year ago.

Costco and Nordstrom are among the local companies that are benefiting.

Elaine Thompson / AP

Nordstrom has jumped deeper into the luxury online retailing world by acquiring the "flash sale" website HauteLook for $270 million. The Seattle-based chain made the announcement on the heels of a report citing regular-price sales of "historically high levels."