by Mike Duff | Sep 3, 2024 | Retail Articles
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...
by Mike Duff | Mar 6, 2024 | Retail Articles
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...
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 | 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 | 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...
