Postal Service Delivery Performance Continues to Average 2.5 Days

Nordstrom, Inc. announced that members of the Nordstrom family – Company Co-Presidents Blake W. Nordstrom, Peter E. Nordstrom, and Erik B. Nordstrom, President of Stores James F. Nordstrom, Chairman Emeritus Bruce A. Nordstrom, and Anne E. Gittinger – (the "Group") have notified the Special Committee of the Board of Directors of Nordstrom that the Group has suspended active exploration, for the balance of the year, of the possibility of proposing a transaction to take the company private. The Group informed the Special Committee that it intends to continue its efforts to explore the possibility of making a going private proposal after the conclusion of the holiday season. The Special Committee, which is committed to protecting the interests of the Company and all its shareholders, is prepared to thoroughly evaluate such a proposal from the Group at that time, if one is made. In the meantime, the Company and its employees will remain focused on running the business and delivering the best shopping experience for customers. Click Read More below for additional information.

U.S. retailers’ nonstore sales reached $55.829 billion in May on a seasonally adjusted basis, a 9.1% increase compared with $51.155 billion in the same month of 2017, new monthly data from the U.S. Commerce Department shows. That’s a slower increase than in April, when nonstore sales grew 10.5% on an adjusted basis year over year. Nonstore sales mainly take place online but also include other channels, such as mail and telephone orders, door-to-door sales and sales through vending machines. Click Read More below for additional information.

For back to school this year, Savvas Learning Company is excited to announce new and enhanced learning solutions and classroom tools designed to make teachers’ jobs easier and improve student outcomes, including the launch of its new AI-enabled scoring engine that provides teachers visibility into the reasoning behind the score as well as the ability to edit the score while also giving students immediate feedback to improve their writing skills. After acquiring Whooo’s Reading and its AI-powered technology last year, Savvas developed its own proprietary AI-driven capabilities that are being used in the development of an array of cutting-edge tools to support the teaching and learning experience. This includes the new scoring engine for use with its core literacy programs, myView Literacy and myPerspectives ELA, as well as its secondary multilingual learning and intervention programs, iLitELL and iLit45.