Nordstrom Rack news and archive

Nordstrom Rack to open new Georgia store in summer 2027

Nordstrom, Inc. will open a Nordstrom Rack in Athens, Georgia, in summer 2027, the Seattle-based retailer announced Thursday, adding an eighth off-price location in a state where it currently operates two full-line stores. The 22,000-square-foot store will anchor an outparcel at Athens Marketplace, a shopping centre on Atlanta Highway (US 78)...

Retail

Nordstrom Rack to open new location in New Jersey

The Seattle-based fashion retailer Nordstrom, Inc. has announced plans to open a new Nordstrom Rack location in Ramsey, New Jersey, in fall 2026. The 25,000-square-foot store will be located at Interstate Shopping Center, whose tenant roster includes ShopRite, Five Below and Petco. The center is owned through a joint venture between New...

Retail

Nordstrom Rack announces relocation of downtown Seattle store

Department store group Nordstrom, Inc. has shared plans to relocate its Nordstrom Rack downtown Seattle store. The Seattle-based retailer is set to move its off-price retail store to 601 Pine Street, with the new store scheduled to open sometime in spring 2027. "We're excited to welcome customers to our beautiful new downtown Seattle location,...

Featured

Retail

Major retailers plan US store growth for 2026: A comprehensive overview

Despite widespread store closures anticipated at the start of 2026, it isn’t all doom and gloom for the US retail industry. In fact, many players still see significant market opportunities, driven by brand acquisitions, robust consumer demand, and a push to capture greater market share. As a result, some are planning ambitious, in some cases...

Retail

Nordstrom Rack to open a new store in Florida

Seattle-based department store chain Nordstrom, Inc. is set to open a new Nordstrom Rack store in Pompano Beach, Florida, come fall 2026. The expansion is part of the company’s broader efforts to grow its presence and market share in the region. "We look forward to being a part of the Pompano Beach community and serving our customers with an...

Member

Business

Nordstrom goes private: Acquisition complete, delisted from NYSE

Department store chain Nordstrom has announced the successful completion of its acquisition by a group comprising members of the Nordstrom family, including Erik, Pete, and Jamie Nordstrom, along with Liverpool. The transaction, valued at 24.25 dollars per share in an all-cash deal, also includes the payment of cash dividends to shareholders...

FeaturedMember

Business

Nordstrom Q4 comparable sales beat expectations, CFO departs

Departmental store chain Nordstrom outperformed Wall Street's projections for quarterly comparable sales, achieving a 4.7 percent increase, with Nordstrom banner sales rising 5.3 percent and Nordstrom Rack sales up 3.5 percent. The company reported fourth-quarter net earnings of 165 million dollars or 97 cents per diluted share, alongside EBIT...

Retail

Nordstrom Rack is set to open a new store in Colorado

Nordstrom, Inc. (JWN), an American luxury department store chain, Friday announced that it will open a new Nordstrom Rack store in Longmont, CO, in fall 2025. This expansion is part of the company's efforts to grow its presence in the region. The new 28,000 sq. ft. Nordstrom Rack will be situated in Harvest Junction, a popular shopping center in...

Retail

Nordstorm Rack to expand retail presence in Florida

Seattle-based department store group Nordstrom, Inc. is set to expand the retail presence of its off-price retailer Nordstrom Rack in Florida with the opening of a new location in Estero. Set to open in Fall 2025, the new Nordstrom Rack will be located in Coconut Point, an outdoor shopping center with more than 110 retail units including...

Member

Retail

Nordstrom Rack to open new location in Prosper, Texas

Seattle-based department store chain Nordstrom, Inc. has announced plans to open a new Nordstrom Rack in Prosper, Texas, come fall 2025. "We look forward to being a part of the Prosper community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, president of Nordstrom Rack, in a statement....

FeaturedMember

Management

Nordstrom Q1 sales increase 5.1 percent, reaffirms outlook

Nordstrom, Inc. reported a first quarter net loss of 39 million dollars or loss per share of 24 cents and loss before interest and taxes of 21 million dollars. Net sales for the quarter increased 5.1 percent, while comparable sales increased 3.8 percent. Gross merchandise value (GMV) for the quarter increased 4.9 percent. Commenting on the first...

Retail

Nordstrom Rack to open new location in Apple Vally, Minnesota

Nordstrom Rack is set to expand its retail presence in Minnesota with the opening of a new location. The new store, which will open in Apple Valley in spring 2025, will see the Nordstrom. Inc.-owned brand operates a total of five Nordstrom Rack stores across the Minnesota area. "We look forward to being a part of the Apple Valley community and...