Ross Stores announced merchandising leadership changes at its Ross Dress for Less and dd’s Discounts divisions the company said are intended to strengthen the execution of its off-price strategies and drive profitable market-share gains. Effective December 1,...
Nordstrom Rack performed well in its parent company’s latest quarterly financial results. The department store operator’s expanding off-price banner has helped drive sales advances above the company’s overall comparable-store gains, and several more Rack...
Beyond has relaunched Overstock.com and announced the promotion of Carlisha Robinson to chief customer officer. As now operated, the Overstock platform has introduced enhancements designed to provide and improve customer experience and sales conversion. With an...
Nordstrom posted fourth-quarter earnings and sales gains as the company’s off-price Rack locations turned in a strong top-line performance. Net earnings for the 14-week fourth quarter were $134 million, or 82 cents per diluted share, versus $119 million, or 74 cents...
Macy’s will expand the number of Backstage shops offered in its department stores from April through June with 37 new off-price operations set to debut. The Backstage shops will range from 11,000 to 16,000 square feet of retail space, stocking housewares and apparel,...
