Expansion of Nordstrom Rack and Macy’s Backstage comes as off-pricers in general have tended to generate solid sales in the current economy. Nordstrom breaks out Rack financial information and, in the latest complete fiscal year, the off-price division’s comparable sales increased 4.7%, compared to 3% for the company’s department stores.
The newly announced Nordstrom Rack locations include a 28,000-square-foot store in Pompano Beach, FL, a 34,000-square-foot store in Suwanee, GA, and a 30,000-square-foot store in Flower Mound, TX, all set to open in the fall offering an ever-changing array of apparel, beauty and home products. Earlier this year, Nordstrom stated that it would open off-price stores in Longmont, CO, Estero, FL, and Lake Grove, NY, also all opening in the fall.
On June 7, Macy’s debuted seven off-price Backstage store-within-a-store operations in locations from Massachusetts to California…