Once considered the company's greatest asset, sales growth has slowed at Rack in recent years. Analysts say Rack has an inventory problem and suffers by being connected to a full-price brand. We ...

Nordstrom missed quarterly estimates but stuck by its full-year forecast. The company's off-price chain Rack outperformed its banner stores. The Nordstrom family is considering taking the company ...

To accelerate growth at its stumbling Rack banner, Nordstrom is pulling talent with a depth of off-price experience to lead merchandising and supply chain efforts there. In its announcement of the ...

Nordstrom is pegging its revival to Nordstrom Rack, as it plans to open stores this year, with more coming after that. Yet the off-price banner has lagged behind competitors and the namesake Nordstrom ...