Nordstrom Rack sells products in nearly every one of the categories McKinsey cautions consumers are cutting back on, yet the ...

Nordstrom Rack's loyal customers lined up in the rain at the new store opening in Lake Grove, NY. Six months after the Nordstrom family took their namesake retailer private in a $6.25 billion deal, ...

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 ...

A major off-price retailer is expanding its footprint, signaling shifts in discount retail and where value-focused shoppers ...

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 ...

American shoppers who are still adjusting to price increases continue to be motivated by discounts. The desire to snag a deal has been great for off-price stores — like T.J. Maxx and Ross — where ...

Seeking to build more personalized shopping experiences in all channels, Nordstrom has named longtime company executive Geevy Thomas to the newly created position of Chief Innovation Officer. Thomas ...

A sign posted on a window near the entrance at the corner of Third Avenue and Pike Street says the store will close on Jan.