Nordstrom Rack has famed retail name straddling two worlds

American shoppers who are still adjusting to price increases continue to be motivated by discounts. The desire to snag a deal has been great for off-price stores — like T.J. Maxx and Ross — where everything is on sale.

In 2024, Nordstrom is leaning into that off-price space with a modest expansion of the Nordstrom Rack business, opening locations in Nebraska, Tennessee, Texas and Indiana. But can these stores compete with the treasure troves that discount shoppers find at other off-price spots? Read more at Marketplace.