#retail-earnings

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Nordstrom Rack is opening almost two dozen new locations in 2024. Here's a full list and map

Nordstrom outperformed earnings expectations, leveraging cost-cutting and expansion of its discount brand, Nordstrom Rack, while navigating retail challenges.

Retailers are highlighting two very different realities emerging among squeezed US shoppers

Middle-income shoppers are spending, but lower-income consumers face more financial stress due to inflation.
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