Nordstrom's new off-price store offers a glimpse at what's to come for the department store [CNBC]
Macy's Inc (M)
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Source: CNBC
Source: Nordstrom SHARES 1 Hour Ago Deals on Coach , Michael Kors , Burberry , Diane Von Furstenberg and shoes — aisles and aisles of shoes. You'll find it all at Nordstrom 's second Rack location in New York, which just opened its doors near Macy's and Target , right around Herald Square, earlier this week. The 47,000-square-foot space, spanning three floors, marks one of Nordstrom's largest off-price shops to open nationwide, to date. The Rack sells 48 out of Nordstrom's 50 top brands. Next year, the retailer has plans to open six Nordstrom Rack stores in Canada, while also expanding its presence in the Big Apple with a flagship men's location. The newest Nordstrom Rack features luggage, lifestyle and home decor, along with children's clothing and a section for toys — items not all of the company's off-price locations have carried in the past. Major upgrades include on-site tailoring and alterati
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