It appears customers have been doing some back-to-school shopping. Sales are looking positive for Seattle-based Nordstrom, Inc., specifically the company’s discount store Nordstrom Rack.from the company on Tuesday, Nordstrom Rack’s net sales went up nearly 9% during the second quarter of 2024. Comparable sales grew 4.1% compared to the same fiscal period last year.
“We’re pleased with the Anniversary Sale and the enthusiastic response from our loyal customers,” Pete Nordstrom, President of Nordstrom, Inc., said via the release. “They were highly engaged throughout the event and responded favorably to our assortment, experiences and service. We appreciate our team’s continued efforts to help our customers feel good and look their best.”
The media outlet added that Nordstrom is incorporating RFID technology to track its clothing backlogs and using more AI concerning its data. Alaska Airlines is one step closer to acquiring Hawaiian Airlines after the DOJ chose not to challenge the $1 billion deal.When Starbucks named Brian Niccol its new chairman and CEO, the company hoped he could revive fading sales and re-establish the coffee giant.Seattle’s Smith Tower sold to a local Seattle ownership group