Marc New York’s Horizon Down and Feather Coat is now only $140 at Nordstrom Rack—52% off its normal asking price of $295.
CEO Erik Nordstrom credited the company’s “efforts to remain competitive in the promotional environment and the strength of our offering.” ...
Its off-price Nordstrom Rack business has also been strong, nabbing a 3.9 percent increase in comparable sales last quarter. Fewer Parking Spaces: Hundreds of cities have cut back parking ...
Shares in Nordstrom fell as much as 1.3% on Monday in New York. The company’s stock was ... investors had hoped that Nordstrom Rack, its off-price chain, could help buoy the company’s growth ...