Nordstrom Rack

Outlet Stores Are In: Their Shift from Overstock to Au Courant

Outlet stores have come a long way, baby. No longer mere repositories of last season's cast-offs, factory stores are now among the healthiest retail sectors, hawking new, trendy items made expressly for them. Credit the recession for the change -- and for more reasons than you'd expect.

Outlet Stores Are In: How They Went from Overstock Bins to Au Courant

Outlet stores have come a long way, baby. No longer mere repositories of last season's cast-offs, factory stores are now among the healthiest retail sectors, hawking new, trendy items made expressly for them. Credit the recession for the change -- and for more reasons than you'd expect.

Nordstrom Profits Double But Miss Estimates

Nordstrom's fourth-quarter results missed Wall Street's estimates, but the upscale department-store chain isn't likely to get too many complaints since it more than doubled its profits. Management gave a conservative forecast for the year, saying it will pick up the pace of remodeling stores and stock stores carefully.