Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Nordstrom Stock Rises After Trump Criticizes Company on Twitter

by MsJennyb
February 9, 2017
Reading Time: 1 min read
0
Share on FacebookShare on Twitter

 

Donald Trump has been tweeting his way through the first 100 days of his presidency. While Trump usually uses the platform to denounce credible news sources and Democrats, he recently took to Twitter to defend his daughter Ivanka Trump. However, it appears his tweet didn’t do much justice for Ivanka, it seems to have been a benefit for the opposite party.

 

Earlier this week, Nordstrom dropped Ivanka’s fashion line, citing poor performance of the brand. As a result, Trump took to Twitter on Wednesday to criticize the department store.

 

“My daughter Ivanka has been treated so unfairly by @Nordstrom,” Trump tweeted. “She is a great person – always pushing me to do the right thing! Terrible!”

 

Hours later, according to Fortune, the department store’s stock spiked, ending the day up more than 4 percent. Sources say, investors bought stock in Nordstrom to show their support after it announced it would be dropping the first daughter’s line.

 

“We’ve said all along we make buying decisions based on performance,” the company said in a statement. “We’ve got thousands of brands – more than 2,000 offered on the site alone. Reviewing their merit and making edits is part of the regular rhythm of our business. Each year we cut about 10 percent and refresh our assortment with about the same amount. In this case, based on the brand’s performance we’ve decided not to buy it for this season.”

 

Despite Nordstrom’s explanation, protesters believe the #GrabYourWallet movement has impacted the brand’s sales as it encourages shoppers to boycott Trump-branded products. Neiman Marcus, TJ Maxx and Marshall’s have also reportedly dropped Ivanka Trump’s line.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: ivanka trumpNordstrom

Related Posts

Baseball Star Wander Franco Found Guilty of Sexually Abusing a Minor in the Dominican Republic
News

Baseball Star Wander Franco Found Guilty of Sexually Abusing a Minor in the Dominican Republic

June 26, 2025

Tampa Bay Rays infielder Wander Franco, 24, was found guilty on Thursday, June 26th, in the Dominican Republic for engaging in...

Another Child Dies in Fast-Growing Texas Measles Outbreak
News

North Carolina Confirms First Measles Case of 2025—Unvaccinated Child Triggers Health Scare

June 26, 2025

North Carolina health authorities are warning residents after the state confirmed its first measles case of 2025. The case involves...

Dwight Howard Mourns Beloved Dog Sunday After Alleged Hit-and-Run: “I Need Answers"
News

Dwight Howard Mourns Beloved Dog Sunday After Alleged Hit-and-Run: “I Need Answers”

June 26, 2025

Dwight Howard is grieving the tragic loss of his dog, Sunday, who was reportedly killed in an alleged hit-and-run incident...

Planned Parenthood Faces Major Federal Funding Cuts as Trump Administration Pulls Support Starting This Week
News

Supreme Court Just Gave States the Green Light to Block Planned Parenthood—Even If Patients Suffer

June 26, 2025

The U.S. Supreme Court just handed a big win to Republican-led states like South Carolina, ruling that Medicaid patients can’t...

Next Post

Aretha Franklin Announces Retirement, Plans to Release One More Album

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d