by Mike Duff | Jul 25, 2025 | Retail Articles
Nordstrom announced the expansion of its off-price store portfolio with new stores coming across the eastern half of the United States. The company regularly has been adding new Nordstrom Rack locations, and it has slated five more for opening: A 27,000 square-foot...
by Mike Duff | Jun 25, 2025 | Retail Articles
With summer underway, Nordstrom launched its first Brooklyn Local Service Hub, announced two upcoming Rack openings and prepared for its biggest promotional event of the year: the Anniversary Sale. The Nordstrom Anniversary Sale crosses all major product categories...
by Mike Duff | Dec 9, 2024 | Retail Articles
Nordstrom sales and earnings outperformed Wall Street estimates in the third quarter, highlighted by solid comparable sales gains in the company’s department store and the off-price businesses. Net earnings were $46 million, or 27 cents per diluted share, versus...
by Chandler Harvey | Jan 26, 2024 | Featured News, Retail Articles
Small-store strategies have proven popular with a number of major retailers. Macy’s, for one, has been particularly adamant about the importance of limited size and limited assortment in full-priced stores, seeing the opportunity to draw new customers to locations...
by Mike Duff | Nov 27, 2023 | Retail Articles
Nordstrom beat a Wall Street estimate on earnings in the third quarter while falling short on revenue as the retailer winds down Canadian operations and deals with softer consumer spending. Net earnings were $67 million, or 41 cents per diluted share, versus a loss of...