Arrest warrant issued for Walnut Creek Nordstrom flash mob-style theft suspect who posted bail

MARTINEZ, Calif. (KGO) – An arrest warrant has been issued for a Walnut Creek Nordstrom theft suspect who has already been arrested and released.

Dana Dawson left court two weeks ago and has not returned since.

CONNECTED: The Contra Costa Co. Sheriff’s Office is investigating why the Nordstrom theft suspect was released

Dawson is one of three suspects arrested by Walnut Creek Police in connection with the recent flash mob-style theft of Nordstrom. Walnut Creek police say they used a Glock 29 9mm pistol, a violation of their parole, only Walnut Creek police officers were unaware that Dawson was on parole when they arrested her.

“I don’t know if it was just a system error or just a delay in the transmission of information. We’re still looking into that, ”said Jamie Knox, police chief of Walnut Creek on December 1st.

Dawson was then entitled to bail.

ME-TEAM: Sheriff’s Office admits Walnut Creek Nordstrom theft suspect was mistakenly released

During their November 30 indictment, the Contra Costa County’s assistant district attorney said that Dawson’s parole officer attempted to get a parole warrant signed by a judge who would have taken Dawson back into custody, but the parole agent missed it by about 15 minutes according to Assistant District Attorney Jordan Sanders.

“It’s frustrating,” Sanders said on November 30th.

Without that parole warrant, it was Dawson’s turn to return to court, which the assistant prosecutor tells I-TEAM that they didn’t do on Friday or Monday.

CONNECTED: 3 arrested, gun found in a break-in at Walnut Creek Nordstrom store involving 80 people: Police

Parole has been actively trying to track her down and now has an arrest warrant.

The other two suspects arrested, Joshua Underwood and Rodney Robinson, appeared in court on Monday. Underwood had previously been mistakenly released by the Contra Costa County Sheriff’s Office, but was detained again when he appeared in court on November 30th.

Copyright © 2021 KGO-TV. All rights reserved.

Nordstrom (JWN) Q2 2021 earnings

A buyer leaves a Nordstrom store in Chicago, Illinois on May 26, 2021.

Scott Olson | Getty Images

Nordstrom Shares fell Tuesday after the department store chain reported that sales in the second quarter of the fiscal year were below pre-pandemic levels.

Compared to the previous year, sales more than doubled as buyers used Nordstrom’s anniversary sale as a reason to go back to the mall and buy new shoes, clothes and sportswear. However, on a two-year basis, sales were down 6%.

Nordstrom was more bullish for the rest of the year and raised its outlook on competitors Macys and Kohlswho did the same for the past few days.

But its stocks lost more than 6% in expanded trading.

Here’s how Nordstrom performed for the quarter ended July 31st compared to Wall Street’s expectations, based on an analyst survey by Refinitiv:

  • Earnings per share: 49 cents vs. 27 cents expected
  • Revenue: $ 3.66 billion versus $ 3.36 billion expected

Nordstrom reported net income of $ 80 million, or 49 cents per share, compared to a loss of $ 255 million, or $ 1.62 per share, last year. Analysts were expecting a profit of 27 cents per share.

Revenue rose to $ 3.66 billion from $ 1.86 billion a year ago, beating estimates of $ 3.36 billion.

Total sales of Nordstrom’s anniversary sales event increased by 1% compared to 2019, the company said. Last year’s event was postponed to the third quarter due to the Covid pandemic.

“A compelling product range, combined with new and differentiated services and experiences, helped to strengthen customer loyalty and improve the financial results during our anniversary sale,” said President Pete Nordstrom in a press release.

Sales of the Nordstrom department store brand of the same name increased by 127% compared to the previous year, but declined by 5% on a two-year basis.

At Nordstrom Rack, an off-price division that competes with TJ Maxx and Macy’s Backstage, sales were up 61% from 2020 but 8% up from 2019.

The company said its online sales were up 30% year over year, representing 40% of Nordstrom’s total business.

Nordstrom now expects annual sales to grow more than 35% after previously expected growth of 25%. According to Refinitiv, analysts were looking for a 30% increase.

As of Tuesday’s trading session, Nordstrom’s shares were up 21% year-to-date, bringing the retailer’s market cap to $ 6 billion.

The full press release on Nordstrom’s results can be found here.

Nordstrom takes stake in four Asos style manufacturers to win youthful customers

A woman can be seen shopping at ASOS, the online fashion store, on a laptop.

Dinendra Haria | SOPA pictures | LightRakete | Getty Images

Nordstrom said on Sunday that it has acquired a minority stake in four clothing brands owned by British online fashion house Asos.

The brands – Topshop, Topman, Miss Selfridge, and activewear label HIIT – are all aimed at younger consumers in their twenties. Financial terms of the deal were not disclosed.

Pete Nordstrom, President and Chief Brand Officer of Nordstrom, said he sees the collaboration as an opportunity to redefine the business model of a wholesaler like Nordstrom working with a retailer. He also expects the possibility of further strategic partnerships in the future.

While Asos retains operational and creative control of the Topshop brands, Nordstrom will own the exclusive retail rights for Topshop and Topman across North America.

“By making the Asos brands, including Topshop and Topman, available to our customers, we can create new and excitement,” said Pete Nordstrom in a statement.

The department store has been the exclusive distributor of Topshop and Topman in the USA since 2012. Nordstrom will now be the only stationary location for these brands worldwide.

As of this fall, customers can also pick up online orders from Asos at all Nordstrom and Nordstrom Rack locations, the companies said.

Asos acquired Topshop, Topman, Miss Selfridge and HIIT in February. The brands were put on the block after the Arcadia Group, the British retail empire run by billionaire Philip Green for 18 years, Filed for bankruptcy protection At the end of last year. Bans put in place during 2020 due to the pandemic dealt a heavy blow to Arcadia, which operated hundreds of stores. Asos, on the other hand, had a purely online business model.

Nordstrom is looking for ways to get its existing customers to return to shopping regularly while reaching out to people who have never visited its stores or website before. It has the potential to weather the pandemic – especially since many people are returning to work and school and need brand new wardrobes.

The company hopes Nordstrom will reach a younger generation of buyers with growing purchasing power by offering exclusive products from Topshop, Topman, Miss Selfridge and HIIT.

It could use a boost too. Nordstrom didn’t top its earnings before the pandemic. For the three month period ending May 1st, sales decreased by 13% compared to 2019. Increased labor and shipping costs as well as interruptions in the supply chain have put the business under further pressure.

Nordstrom shares are up about 15% since the start of the year. The company has a market capitalization of $ 5.7 billion.