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Nordstrom Cuts Back, Focuses on Rack | Durham News
Nordstrom is shutting down its Last Chance outlet in Lombard, Illinois, eliminating 101 jobs by October 2026 — part of a broader strategy to pivot toward its off-price division, Nordstrom Rack, which saw growth last year while main stores declined. The company, now private after a $6.25 billion buyback, is closing full-line locations across the U.S., including in Delaware and Texas, to focus resources on Rack’s lower-overhead model and online sales. While CEO optimism points to Rack driving new customers — some even upgrading to flagship stores — critics warn this could erode Nordstrom’s…
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