by Mike Duff | Feb 19, 2024 | Retail Articles
The new year isn’t yet two months old and Nordstrom has announced four new Rack stores. As it expands the company’s off-price operations, Nordstrom will open a 31,000-square-foot Rack in Fort Myers, with an opening slated for the fall. The company has two...
by Mike Duff | Feb 2, 2024 | Retail Articles
Ross Stores has promoted Karen Fleming to president and chief merchandising officer of its dd’s Discounts operation, effective April 1. She will report directly to Barbara Rentler, the company’s CEO. Fleming will direct all aspects of merchandising at dd’s Discounts,...
by Mike Duff | Jan 3, 2024 | Retail Articles
Nordstrom has plans to open more of its offprice operations across the United States in the year ahead, even as it drives the e-commerce element of the bargain business. In the second half of 2023, the company announced it would open new Nordstrom Rack locations...
by Mike Duff | Dec 7, 2023 | Retail Articles
Ollie’s Bargain Outlet Holdings posted earnings and revenues that topped a Wall Street estimate, citing strong closeout deal flow from suppliers and growing demand from value-conscious consumers. Net income advanced to $31.8 million, or 51 cents per diluted share,...
by Mike Duff | Sep 15, 2023 | Retail Articles
Nordstrom has announced executive leadership appointments in its merchandising and store organizations, effective immediately. The company named Jamie Nordstrom chief merchandising officer. He previously served as its chief stores officer. Nordstrom replaces Teri...
