-
NRF: Holiday sales up 4% to $616.1 billion, biggest increase since 2011
Washington, D.C. -- Total holiday sales, which include November and December sales, increased 4% to $616.1 billion, the highest since 2011, according to the National Retail Federation. The total was in line with NRF’s projected forecast of 4.1%. In addition, non-store holiday sales grew 6.8% to $101.9 billion.
-
Nordstrom Rack announces two new store locations
Seattle -- Nordstrom announced plans to open a Nordstrom Rack, at Chapel Hills East in Colorado Springs, Colorado, and one at Destiny USA mall in Syracuse, New York.
The 33,357-sq.-ft. Destiny Mall location is scheduled to open in fall 2015. The retailer recently announced new Rack stores opening in Buffalo and Albany, also in fall 2015.
The 31,203-sq.-ft. Chapel Hills East Nordstrom is scheduled to open in spring 2016. The property is owned and managed by DDR Corp.