Retail News

Department store off-price concepts face sales challenges

New York Post 07/27/2017

Nordstrom Rack posted a 2.3 percent increase in same-store sales in the last quarter, down from 4.6 percent growth the year before. Saks Off Fifth saw its same-store sales drop 6.8 percent and Neiman Marcus is evaluating its Last Call concept after closing three of its locations in recent months.

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