With its buyout plans on hold, Nordstrom Inc. is under intense pressure to find answers to the department-store slump.
to that effort is reviving what was once a long-time bright spot for
the chain: Nordstrom Rack. The discount stores had been helping the
company cope with a slowdown at its full-price formats, but now they are
in need of their own jump-start. Same-store sales and traffic have
stalled at Nordstrom Rack this year.. . . more