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UPDATE: Is Nordstrom Becoming an Off-Pricer?

(Editor’s note: Since last week, when we originally published this article, Nordstrom has graciously supplied…

Hudson’s Bay Sales Spike to $1.8 Billion on Saks Acquisition

Hudson’s Bay Company, owner of Lord & Taylor, Saks Fifth Avenue, Saks Fifth Avenue “OFF 5th” and Hudson’s…

Luxury Outlet Stores on the Rise, Malls Take a Backseat

Luxury retailers are tapping into the outlet market, encroaching on traditional stores and drawing…

Express Launches First Factory Outlet Store; 30 More to Follow

In step with the retail trend toward heavy discounting as a sales strategy, Express just launched its…

Why “Off Price” is Right On the Mark

Big ticket retailers like JC Penney’s and Sears share two patches of common ground this fiscal year: both…