Nordstrom Rack is the off-price division of Nordstrom, the well-known upscale fashion chain that got its start over 100 years ago. With the same vendor connections as the full line store, Nordstrom Rack is able to offer similar brands and styles at a fraction of the cost. The Rack sells designer shoes and suits that are too good to pass up. Also known for its quality watches and handbags, it isn't uncommon to walk away paying less than half cost for a name brand item. The retailer also has online shopping, if you just don't feel like fighting the crowds at the Nordstrom Rack near the Palm Beach Outlets.