Major retailers vie for piece of holiday spending boomRetailers show a divide in success, with winners focused on value as consumers plan increased holiday spending despite financial strains.
Nordstrom Rack is opening almost two dozen new locations in 2024. Here's a full list and mapNordstrom 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 shoppersMiddle-income shoppers are spending, but lower-income consumers face more financial stress due to inflation.