Upscale department store operator Nordstrom reported a lower-than-expected quarterly profit as it spent more on technology upgrades and store expansion, and increased discounts at its Rack brand stores in the holiday ...
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70 published items with the word (s) or phrase Rack in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Nordstrom profit falls due to higher investments, discounts")
Nordstrom profit falls due to higher investments, discounts -
![]( "Nordstrom delaying Rack store openings in Canada until 2017")
Nordstrom delaying Rack store openings in Canada until 2017Nordstrom is postponing the opening of its discount Rack stores in Canada until 2017, to focus on the launch of its full-line department stores there, its first department stores abroad.
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![]( "Deeper promotions lower Nordstrom holiday quarter profit")
Deeper promotions lower Nordstrom holiday quarter profitNordstrom Inc on Thursday reported a lower profit for the holiday quarter, hit by higher markdowns, and the high-end retailer gave a full year profit forecast that missed analyst expectations.
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![]( "Canada's cold shoulder to Target a cautionary tale")
Canada's cold shoulder to Target a cautionary taleU.S. retailers looking north in their quest for growth should consider the frosty reception Canada has so far given trendy discounter Target Corp (TGT.N) a cautionary tale: what looks like a simple border crossing can...
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![]( "HauteLook founder and CEO steps down")
HauteLook founder and CEO steps downHauteLook CEO Adam Bernhard is stepping down from his position at the company, three years after it was purchased by Nordstrom. He will remain with the company in an advisory capacity as founder.
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![]( "Nordstrom sales rise less than expected and forecasts cut")
Nordstrom sales rise less than expected and forecasts cutNordstrom reported lower than expected revenue in its second fiscal quarter as comparable sales at its department stores slipped, prompting the luxury department store chain to lower its full-year sales and profit for...
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![]( "TJ Maxx and others look past chaos to e-commerce bonanza")
TJ Maxx and others look past chaos to e-commerce bonanzaLow-price retailer T.J. Maxx plans to open an online store this year, as does rival Saks Inc's Off Fifth outlets, making 2013 the year technology may have caught up with the speed of fashion.
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![]( "Nordstrom lowers sales forecast as first quarter sales miss")
Nordstrom lowers sales forecast as first quarter sales missNordstrom reported lower-than-expected sales and profit for the first quarter, citing weak business in early winter, and lowered its full-year sales forecast, sending shares down 3.9 percent in after-hours trading.
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![]( "Puma names former Adidas man as new CEO")
Puma names former Adidas man as new CEOGerman sportswear giant Puma on Thursday named Bjoern Gulden, a former professional footballer and top manager at rival Adidas, as its new chief executive.
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![]( "Nordstrom adds second Toronto store to Canadian expansion")
Nordstrom adds second Toronto store to Canadian expansionU.S. luxury retailer Nordstrom Inc is expanding its push into Canada, announcing plans on Monday to open a second namesake department store in Toronto in the fall of 2016.