Nordstrom on Thursday lowered its full-year guidance after a holiday period when net sales fell 3.5% year over year, down 1.7% at its full-line stores and 7.6% at off-price Rack, per a filing with the ...

Nordstrom has hired consulting firm AlixPartners to explore a spinoff of its off-price Rack business, Bloomberg reports, citing unnamed sources. Nordstrom and AlixPartners each declined to comment to ...

Nordstrom Rack, the off-price division of Nordstrom Inc. and a critical growth vehicle for the Seattle-based retailer, has named Lori Marten executive vice president and general merchandising manager.

A recent article in The Wall Street Journal asserted that retail real estate investment trusts have been the focus of increased short-selling activity. These REITs own malls and shopping centers that ...

Buffalo, New York, USA -September 2, 2019: Nordstrom Rack storefront in Buffalo, New York, USA. Nordstrom Rack is a fashion retailer based in the United States. Nordstrom JWN JWN Rack, celebrating its ...

Nordstrom Rack is expanding into the Chicago suburbs with an eagerly anticipated store opening in Wheaton next month and another coming to Geneva in 2025. Three tenant spaces in Wheaton’s Danada ...

Nordstrom Rack is rolling into another city in North Texas. The retailer - the lower-priced version of the higher-end department store - is planning to open a new store in Murphy in Collin County, ...