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Nordstrom Rack Aims for 400 Stores by 2028 Expansion
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Heartspace News Desk
•Source: Forbes
Photo by Shiqi ZHAO on Unsplash
TL;DR
Nordstrom Rack plans to reach 400 stores by 2028, with 22 new locations opening this year. This brick-and-mortar expansion signals Nordstrom Rack's confidence in the off-price retail market, despite limited details about the specific strategy. Nordstrom Rack is embarking on a substantial expansion plan, with the goal of operating 400 stores by 2028, according to Forbes. This growth strategy includes the opening of 22 new locations this year, representing a significant investment in brick-and-mortar retail. While specific details remain limited, the expansion signals Nordstrom Rack's strong belief in the continued.
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Key takeaways
- Nordstrom Rack is embarking on a substantial expansion plan, with the goal of operating 400 stores by 2028, according to Forbes
- This growth strategy includes the opening of 22 new locations this year, representing a significant investment in brick-and-mortar retail
- While specific details remain limited, the expansion signals Nordstrom Rack's strong belief in the continued viability and potential of the off-price retail market
Nordstrom Rack is embarking on a substantial expansion plan, with the goal of operating 400 stores by 2028, according to Forbes. This growth strategy includes the opening of 22 new locations this year, representing a significant investment in brick-and-mortar retail. While specific details remain limited, the expansion signals Nordstrom Rack's strong belief in the continued viability and potential of the off-price retail market.
Related Topics
Nordstrom Rackretail expansionstore openingsoff-price marketphysical retail
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