Nordstrom rack

Coordinates: 47°36′45″N 122°20′11″W / 47.61237°N 122.3365°W / 47.61237; -122.3365

Nordstrom Rack
Public
Industry Retail
Founded 1973 (1973)
Founder John W. Nordstrom
Headquarters Seattle, Washington, U.S.
Key people
 Geevy Thomas, President
Products Clothing, jewelry, beauty, shoes, home furnishings and design , footwear, decor
Parent Nordstrom
Divisions Nordstrom Rack
Website www.nordstromrack.com

Nordstrom Rack is a fashion retailer based in the United States which is owned by Nordstrom and has both brick and mortar stores and an E-commerce website. Nordstrom Rack offers branded clothing and accessories for women, men, and kids at a large discount to consumers across the United States. Nordstrom Rack has been constantly growing and has over 113[1] brick and mortar stores.

History

In 1973, Nordstrom Rack opened their first store in Seattle as a clearance outlet full-line store.[2] The first Nordstrom Rack location was in the basement of a downtown Seattle Nordstrom store.

Their website was launched in February 2014 by Hautelook who was acquired by Nordstrom in 2011.[3] The Nordstrom Rack e-commerce site was built on a shared platform with Hautelook, which is Nordstrom’s flash sale business. When visiting the Nordstrom Rack's website, there is an option to navigate back and forth between Hautelook and Nordstrom Rack.

Nordstrom Rack makes up about a fifth of Nordstrom's overall sales. Since 2013 Nordstrom Rack has generated over 2.5 billion dollars in sales.[4]

In 2017 Nordstrom Rack plans on opening stores in Canada which will begin their global expansion.[5]

See also

References

  1. ↑ Walter Loeb. "Nordstrom: An Impressive Growth Outlook for a Unique Retailer". Forbes. Retrieved 17 June 2015.
  2. ↑ Casey Mcnerthney. "Seattle History: Nordstrom through the years". Seattle pi. Retrieved 17 June 2015.
  3. ↑ "Nordstromrack.com | HauteLook Reduces Downtime by 80% Using New Relic Insights". New Relic. Retrieved 17 June 2015.
  4. ↑ Rachel Lerman. "Did you know Nordstrom Rack never had a website — until now?". Bizjournal.
  5. ↑ Marina Strauss. "Nordstrom delays openings of low-cost Rack stores in Canada". The Global and Mail. Retrieved June 17, 2015.

External links

This article is issued from Wikipedia - version of the Wednesday, December 23, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.