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Recent Articles

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Ollie’s Bargain Outlet to pay US$14.6M for 99 Cents Only leases and owned stores in Texas amid bankruptcy liquidation; Dollar Tree will also pay over US$1.3M to assume 99 Cents Only leases in three states

Nordstrom Rack to Open New Location in Apple Valley, Minnesota

Jefferies downgrades Nordstrom to hold from buy due to ongoing demand challenges; while retailer has shown signs of stabilizing sales growth at its off-price Rack unit, full-price sales at department store chain still underwhelming

Nordstrom to open 22 new Rack stores in 2024 as year-over-year Rack sales net sales grow 14.6%, outpacing Nordstrom branded stores, which saw 6.6% sales growth; news comes as company's FY2023 net earnings fall 45% to US$134M

Nordstrom Rack to Open Two New North Carolina Stores in Raleigh and Matthews

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