Known for luxury, the Seattle-based department store is growing the physical footprint of its discount chain, with new shops in California, Texas, and elsewhere. On the flip side, one retailer ...
has been buoyed by its off-price subsidiary Nordstrom Rack. The company opened 11 new Rack locations and plans to open 22 more by the end of the fiscal year. Same-store sales during the quarter at ...
The list includes seven locations in California, two in Texas, and numerous stores in the Southeast and Midwest. In total, Nordstrom said it had 269 Nordstrom Rack locations as of the beginning of ...
Nordstrom last month reported sales growth of 3.4% in the second quarter, as sales in stores open at least a year - a key metric of a retailer's health - rose 1.9%. But net income slipped nearly ...