SEATTLE, 2016-Sep-22 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today (Sept. 21, 2016) plans to open a Nordstrom Rack at IDS Center’s Crystal Court on Nicollet Mall in downtown Minneapolis, Minn. The approximately 39,000-square-foot store is scheduled to open in fall 2017.
“We’ve been eager to find a home for Nordstrom Rack in downtown Minneapolis and we’re thrilled to announce the location at Crystal Court,” said Geevy Thomas, president of Nordstrom Rack. “Our new store will offer greater convenience for those who live and work in the heart of the city, and we look forward to bringing customers the brands they love at great Rack prices.”
This will be the fifth Rack store in Minnesota following the announcement of a new store at nearby City Place, opening in spring 2017. The company also operates two full-line stores at Mall of America and Ridgedale Shopping Center.
“We are delighted to have Nordstrom Rack, one of the nation’s most successful off-price retailers, join the IDS Center community,” said Deb Kolar, general manager. “The Rack will be in good company and will be joined by 26 other prominent retailers, restaurants, banks in the Crystal Court, which is the centerpiece of one of the world’s most extensive skyway systems and attracts some 50,000 business people and shoppers daily,” added Kolar.
Nordstrom Rack is the off-price retail division of Nordstrom, Inc., offering customers a wide selection of on-trend apparel, accessories and shoes at an everyday savings of 30-70 percent off regular prices.Nordstrom Rack merchandise, available at Rack stores and at Nordstromrack.com, comes from Nordstrom stores, Nordstrom.com as well as specially purchased items from many of the top brands available at Nordstrom. The Rack is designed to provide the ultimate treasure hunt to style-savvy customers.
Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 334 stores in 39 states, including 121 full-line stores in the United States, Canada and Puerto Rico; 205 Nordstrom Rack stores; two Jeffrey boutiques; and one clearance store. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its five clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSEunder the symbol JWN.
ABOUT IDS CENTER
Heralded by the New York Times as “one for the finest skyscrapers built in any American city,” the IDS Center, is than a landmark—it is the centerpiece of the downtown Minneapolis skyline. Owned by Accesso Partners, LLC of Hallandale Beach, FL and managed by its subsidiary, Accesso Services, LLC, the two million square foot complex occupies a full city block on Minneapolis’s Nicollet Mall.
Designed by world renowned architect Philip Johnson, the IDS Center’s mixed-use, post-modern design is comprised of a 57-story office tower with an 8-story annex, 2-story retail center and 19-story, four diamond Marquette Hotel, all surrounding the distinctive, enclosed 8-story Crystal Court.
Expertly managed and environmentally conscious, IDS Center received the Four Green Globes certification for continual improvement of existing buildings as well as being Energy Star and BOMA 360 certified.
SOURCE: Nordstrom, Inc.