Today in Data: Rack Boosts Nordstrom Sales; Physical Shopping Isn’t Dead; Dollar Tree Ups Pricing

Nordstrom Rack

Even in this digital age, many shoppers choose brick-and-mortar options. Plus, Dollar Tree is planning to launch product bundles that it will price at $3 to $5, taking another step after raising most prices to $1.25 last year, and Nordstrom rides bumps in digital sales and off-price Rack offerings to quarterly success.

Today in Data chart

Data

7,800: Number of Dollar Tree stores

$3-$5: Range of upcoming product bundles at Dollar Tree

350: Number of Nordstrom Rack locations, including standalone stores and in-store placements

23%: Growth in Nordstrom digital sales from pre-pandemic to today

33%: Share of brick-and-mortar shoppers who used their mobile phones while shopping last year