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Nordstrom Rack to add two more locations
The off-price division of Nordstrom plans to open a new store in the nation’s capital, and another in Texas.
Nordstrom Rack will open at District Center in the heart of Washington, D.C. The approximately 37,000 sq.-ft., two-level store, is scheduled to open in fall 2016, will be the retailer's thirteenth Nordstrom Rack in Washington, D.C./Baltimore area having first opened in the area at Potomac Mills in Woodbridge, Virginia in 1990.
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Finish Line turns the corner with help from e-commerce
The Finish Line Inc. says its efforts to improve digital fulfillment rates are paying off, as the sporting goods retailer posted an increase in same-store sales in the fourth quarter.
For the fourth quarter ended Feb. 27, consolidated net sales at the Finish Line were $580.3 million, an increase of 5.2% over the prior year period. Same-store sales increased 4.6%. Non-GAAP diluted earnings per share, which primarily excludes the impact from the write-off of technology assets and store impairment charges, were 83 cents.

