Nordstrom Inc. chief merchandising officer Teri Bariquit is retiring after 37 years at the corporate.

The Seattle-based retailer has began a seek for a successor and can be considering each internal and external candidates. Bariquit will remain in her role until the corporate identifies her successor. 

Throughout her profession at Nordstrom, Bariquit has held a wide range of leadership roles across the merchandising organization, supporting inventory audit, merchandising technology, planning and more before becoming the corporate’s first-ever chief merchandising officer in 2019.

“During her tenure, Bariquit has transformed the corporate’s approach to merchandising, leading the event of a digital-first, omnichannel strategy designed to satisfy the needs of Nordstrom customers, growing the corporate’s unowned inventory models and supporting significant growth inside its designer business,” the corporate said statement on her departure.

Nordstrom also indicated that while she lead the merchandising organization, The corporate made “critical investments in technology and organizational design inside merchandising to fuel its long-term growth.”

“We’re extremely grateful for the contributions Teri has made to our company over the past 37 years,” Pete Nordstrom, the retailer’s president and chief brand officer, said in a press release. “From her earliest days with the corporate, Teri has lived our values and led with courage and purpose. During her tenure, she’s transformed every element of our merchandising organization and positioned our merchandising team for continued success. The impact Teri has made on our company will last well into the long run and I appreciate the thoughtful approach she has taken to planning her retirement. We wish her one of the best as she begins this next chapter.”

“It has been a privilege to spend my profession at Nordstrom and work alongside such a talented team – one with a relentless concentrate on providing customers with probably the most relevant and inspirational products from the world’s best brands,” Bariquit said. “I’m confident within the team and strategy which are in place and enthusiastic about what’s ahead for Nordstrom.”

The corporate reported top- and bottom-line declines for the third quarter ended Oct. 29, though it managed to satisfy its expectations on each fronts.

The Seattle-based retailer had a third-quarter net lack of $20 million, or $0.13 per diluted share, in comparison with a net profit of $64 million, or $0.40 per share within the year-ago period.

Earnings before interest and taxes were $3 million within the third quarter of 2022, compared with $127 million through the year-ago period, primarily attributable to higher markdowns and a supply chain technology and related asset impairment charge, partially offset by achievement expense efficiencies.

“We’re right-sizing our inventory levels and blend, and are on course to finish 2022 in a healthy and current position,” said Pete Nordstrom on the time. “Customers proceed to answer newness and fashion in our offering, and we’re focused on remaining agile to answer their changing needs.”

The corporate has also been focused on improving the combo and pricing at Rack.