Union Square gets a taste of Nordstrom
Or Nordstrom gets a taste of New York?
, New York, NY
The buzz today was about the new Nordstrom Rack opening in Union Square May 11th, 2010. While this is just happy news for us, from a business point of view it signals the nation continues to be in the bargain mind-set. What can you expect? Discounts up to 60 percent off original Nordstrom retail prices and some merchandise purchased specially for the Rack. The retail big wigs are all optimistic that this is the way to go, with Sacks, Lord and Taylor, Neiman Marcus and Talbots all getting pretty aggressive in the outlet arena. The question is, with so many bargains in stores and the mailbox, who is still buying retail?
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Read More: Nordstrom, Recessionomics, Retail Scoop, Union Square
Posted by Mirela Gluck at 06:19 PM
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