Nordstrom opens more Rack locations as the company continues evolving the off-price part of its business, with a new logo and branding initiative an additional part of the effort. The latest round of Nordstrom Rack openings announced included Macedonia, OH, a 28,000...
Ollie’s Bargain Outlet Holdings finished its latest complete fiscal year with a solid finish, beating Wall Street estimates on sales and earnings. Net income totaled $53.1 million, or 85 cents per diluted share, versus $44.7 million, or 71 cents per diluted share, in...
Bloomingdale’s has promoted Denise Magid to the newly created role of Bloomingdale’s chief merchandising officer. Magid’s job entails driving the strategic direction and performance of all Bloomingdale’s merchandising initiatives as she...
In February and March, Ross Stores opened 11 namesake and eight dd’s Discounts stores in 13 of the United States. Both banners expanded in existing markets including those in California, Texas, and Florida, the company noted. For dd’s, growth also included...
As it continues to expand its bricks and mortar off-price store portfolio, Nordstrom has announced plans to open three of its Rack stores during the fall of 2023 all located in the Pacific Northwest. The new stores will operate in Union Gap and Olympia, WA, and Salem,...