Nordstrom has joined the emerging pre-owned clothing market with the opening of its trendy New York City store.
It follows Macy’s and J.C. Penney that have identified opportunities in the lower-priced line of resale clothing. A recent piece in RetailDive.com notes that Nordstrom’s entry into the resale market is part of its strategy to redefine the traditional department store format to adapt to changing customer expectations.