Nordstrom Rack to open at The Promenade at Town Center in Santa Clarita, California in spring 2018

SEATTLE, 2017-Jul-18 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. announced plans to open a Nordstrom Rack at The Promenade at Town Center in Santa Clarita, California. The approximately 30,000-square-foot store is scheduled to open in spring 2018.

Just 35 miles from downtown Los Angeles, The Promenade at Town Center is located off I-5 at the intersection of Magic Mountain Parkway and McBean Parkway. The new Nordstrom Rack store will join more than seven existing retailers in the area.

“We’ve been fortunate to serve customers in the Los Angeles area for many years and we’re thrilled to add a new Nordstrom Rack location in beautiful Santa Clarita,” said Karen McKibbin, president of Nordstrom Rack. “We’re excited to offer local customers a more convenient location to shop great brands at great Rack prices.”

This will be the first Nordstrom Rack store in Santa Clarita. This fall the company is also opening a new Nordstrom Rack at FIGat7th in downtown Los Angeles and relocating a full-line store to Los Angeles’Westfield Century City.

“Nordstrom Rack is a strong operator, with offerings that are well aligned with the local demographics,” said Ben Green, Asset Manager at Barings, LLC. “We are confident that the store will be embraced by the community and have strong sales volumes.  We are excited to have Nordstrom Rack join The Promenade’s existing roster of tenants, including HomeGoods, Party City, and Tilly’s.  With the addition of Nordstrom Rack, The Promenade at Town Center is the preeminent community shopping center in the Santa Clarita Valley and continues to be a solid investment for our fund.”

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 stores offer convenient mobile check-out, allowing customers to skip the lines and purchase their items from a salesperson anywhere in the store. Nordstrom Rack merchandise comes from Nordstrom stores and Nordstrom.com, as well as specially purchased items from many of the top brands available at Nordstrom. Customers can shop an even larger selection of merchandise on nordstromrack.com or through the Nordstrom Rack + HauteLook mobile app, which features a Scan and Shop button to easily locate and order items not available in the store. The Rack is designed to provide the ultimate treasure hunt to style-savvy customers.

About Nordstrom
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 354 stores in 40 states, including 122 full-line stores in the United States, Canada and Puerto Rico; 221 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. Additionally, customers are served online through Nordstrom.comNordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

About Barings Real Estate Advisers
Barings Real Estate Advisers is part of Barings LLC, one of the world’s largest diversified real estate investment managers. The group is an active investor in private and public, equity and debt markets, and provides core, value-added, and opportunistic investment and advisory services to institutional and other qualified investors around the globe.

About Barings
Barings is a $280+billion* global asset management firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative solutions and exceptional service. A member of the MassMutual Financial Group, Barings maintains a strong global presence with over 600 investment professionals and offices in 17 countries. Learn more, at www.barings.com.

*As of March 31, 2017.

MEDIA CONTACTS:
Brenna Sussman
Nordstrom, Inc.
(206) 303-2316
Brenna.Sussman@nordstrom.com

Ben Green
Barings LLC
(310) 234-2525
Ben.Green@barings.com

SOURCE: Nordstrom, Inc.

Nordstrom Rack at Bayshore Town Center in Glendale, Wisconsin scheduled to open in fall 2018

SEATTLE, 2017-Jun-24 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. announced today (June 22, 2017) plans to open a Nordstrom Rack at Bayshore Town Center in Glendale, Wisconsin. The approximately 26,800-square-foot store is scheduled to open in fall 2018.

Bayshore Town Center is a 45-acre complex on the North Shore of Milwaukee featuring an assortment of retail, dining, entertainment, office space and residential units. The new Nordstrom Rack location will anchor the redeveloped north end of the project which will also feature a new mall entry, expanded convenient parking and other retail space. Nordstrom Rack will join existing retailers such as H&M, Ulta Beauty, iPic Cineplex, Trader Joe’s and Kohl’s.

“We look forward to opening a store at Bayshore Town Center – a more convenient location for our customers in the North Shore area,” said Karen McKibbin, president of Nordstrom Rack. “We’re excited to bring customers here the great brands at great prices they’ve come to expect when we open our doors in 2018.”

This will be the second Nordstrom Rack store in the Milwaukee area. The company also operates a full-line store at Mayfair Mall.

“We are thrilled to once again be partnering with Nordstrom Rack at another one of our leading multi-use shopping destinations,” said Ken Marshall, Head of Retail at Olshan Properties.  “We are very proud of our roster of tenants that includes the best brands in fashion, technology, entertainment and dining who are thriving at Bayshore Town Center, and are excited to welcome Nordstrom Rack into the mix to provide the customers of Milwaukee with another desirable name brand retailer to enjoy.”

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.

About Nordstrom
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 354 stores in 40 states, including 122 full-line stores in the United States, Canada and Puerto Rico; 221 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. 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 seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

About Bayshore Town Center
Bayshore Town Center, owned and operated by Olshan Properties, is a mixed-use town center located in Glendale, Wisconsin.  Originally constructed in 1954 and converted into an enclosed mall in 1974, Olshan Properties fully redeveloped the project into a vibrant mixed-use town center in 2006.  The 45-acre, 1.3 million-square-foot complex features an eclectic mix of retail, dining, entertainment, office and residential uses all woven together by Bayshore Town Center’s signature gathering spaces where visitors and community members shop, dine, relax and have fun. The center currently includes 255,000 square-feet of office space, 113 residential apartments and nearly one million-square-feet of retail and restaurant space. Bayshore Town Center is a desirable address and an exciting, convenient place to “live, work, and play” that draws millions of visitors annually. For more information, visit www.bayshoretowncenter.com.

About Olshan Properties
Olshan Properties is a privately owned real estate firm specialized in the development, acquisition, leasing and management of commercial real estate for more than 55 years.  The close integration of investment and operating capabilities has given Olshan Properties a reputation as one of the leading private owner/operators of commercial real estate in the country.

Olshan Properties currently owns and/or manages, individually or with its affiliated companies, a diverse portfolio of commercial properties including Retail, Hotel, Office, and Residential in eleven states.  For more information, click here.

SOURCE: Nordstrom, Inc.

MEDIA CONTACTS:

Brenna Sussman
Nordstrom, Inc.
(206) 303-2316
Brenna.Sussman@nordstrom.com

Mary-Kate Morrow
Rubenstein
(212) 843-9326
mmorrow@rubenstein.com

 

 

Nordstrom Rack to open at Cascade Station in Portland, Oregon in fall 2017

SEATTLE, 2017-Mar-10 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Cascade Station in Portland, Oregon. The approximately 28,000-square-foot store is scheduled to open in fall 2017.

Cascade Station is located northeast of downtown Portland, near Portland International Airport. Nordstrom Rack will join other retailers including Marshall’s, DSW, HomeGoods, Best Buy, Ikea and Target.

“We’re excited to grow our presence in Portland with a new store at Cascade Station,” said Karen McKibbin, president of Nordstrom Rack. “We’ve had our eye out for the right location here for a while, and we look forward to delivering better convenience for our customers who live in, and visit, the northeast side of Portland.”

This will be the fifth Nordstrom Rack store in the Portland area. Portland is also home to the first stand-alone Nordstrom Rack store, which opened in Clackamas in 1983. The company also operates a full line stores at downtown Portland and Clackamas Town Center.

“Whether you are style-conscious or budget-savvy, Nordstrom Rack offers something for everyone,” states Chad Hastings, general manager for Cascade Station and CenterCal Properties. “Now shoppers at Cascade Station will have one more option to find great fashion at great prices.”

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.

About Nordstrom
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 349 stores in 40 states, including 123 full-line stores in the United States, Canada and Puerto Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. Additionally, customers are served online through Nordstrom.comNordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

About Cascade Station
Cascade Station is a development of CenterCal Properties, LLC. The highly publicized and vibrant mixed-use development at the “gateway” to Portland International Airport (PDX). The 120 acre site yields 800,000 sq.ft of retail space, 1.2 million sq. ft. of office space and 250 hotel rooms. Cascade Station Shopping Center is shadow anchored by IKEA and anchored by Best Buy, Petsmart, Ross Dress For Less and a dozen specialty eateries and restaurants including Parkstone Woodfired Kitchen + Taps, Red Robin and Starbucks. In addition to drawing from the majority of Oregon due to the one and only IKEA in the state, Cascade Station Shopping Center also draws from the largest counties in neighboring Washington State, offering retail productivity leadership to all its retail establishments.

About CenterCal Properties
CenterCal Properties, LLC, founded in 2004 by Fred Bruning and Jean Paul Wardy, is a full-service commercial real estate company that is in the business of investing, developing, leasing, and managing its projects. CenterCal excels in, and is best known for, creating destinations throughout the western United States with a unique strategy of “place-making,” which emphasizes the importance of developing spaces with a sense of community.  Fred and Jean Paul’s creative vision and development passion coupled with Centercal’s internal expertise is evident in the properties that Centercal owns and operates, including Bridgeport Village, Cascade Station, Nyberg Woods and Nyberg Rivers in Oregon, Valley Mall and The Trails at Silverdale in Washington, Station Park in Utah, The Village at Meridian and Treasure Valley Marketplace in Idaho,  Blackhawk Plaza in Northern California, and The Collection at Riverpark and Plaza 183 in Southern California. Projects currently under development include The Village at Totem Lake in Washington, Park City and Riverton in Utah, Concord in Northern California and The Waterfront in Redondo Beach, California.  For more information on all of CenterCal’s properties, please visit www.centercal.com.

MEDIA CONTACTS:
Jessica Canfield
Nordstrom, Inc.
(206) 303-4250
Jessica.Canfield@nordstrom.com

 

SOURCE Nordstrom, Inc.

Nordstrom to open Nordstrom Rack within The Shops at Canton Crossing in Baltimore, Maryland

SEATTLE, 2017-Feb-17 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today (Feb. 15, 2017 ) plans to open a Nordstrom Rack within The Shops at Canton Crossing in Baltimore, Maryland. The approximately 32,500-square-foot store is scheduled to open in spring 2019. The Shops at Canton Crossing is a 325,000 square foot retail shopping center located on 3501 Boston Street.

Nordstrom Rack joins more than thirty existing retailers and restaurants such as Target, Harris Teeter, DSW, Ann Taylor Loft, Old Navy and ULTA. The store opening will coincide with the completion of the Phase II section of The Shops at Canton Crossing, a 90,000 square foot addition that is expected to begin construction this November. The Shops at Canton Crossing fronts on Boston Street and is bordered by S. Baylis Street on the west and S. Haven Street to the east. The shopping center is located one-half mile from Boston Street Exit off Interstate 95.

“We look forward to adding a Nordstrom Rack at Canton Crossing – a more convenient location for customers who live and work closer to downtown,” said Karen McKibbin, president of Nordstrom Rack. “We’re excited to bring the great Rack brands our customers expect at great prices when we open our doors in 2019.”

The new store will be the sixth Nordstrom Rack in Maryland and first in Baltimore. Nordstrom also operates four full-line stores in the state, and began serving Maryland customers in 1991 with its store within Montgomery Mall in Bethesda.

“The Shops at Canton Crossing features more national retailers than any other shopping center venue in Baltimore City, and the addition of Nordstrom Rack will provide downtown residents, employees and visitors another highly-respected and recognized brand,” explained Mark Sapperstein of 28 Walker Development. “The shopping center has succeeded by providing retail offerings that match the demographic profile of new City residents, and shifting shopping habits that previously drew consumers to suburban-area malls and centers. Nordstrom Rack provides another powerful reason to visit The Shops at Canton Crossing and furthers our goal of creating an everyday shopping destination within Baltimore City’s eastern core.”

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.

About Nordstrom
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 349 stores in 40 states, including 123 full-line stores in the United States, Canada and Puerto Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. Additionally, customers are served online through Nordstrom.comNordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

About The Shops at Canton Crossing
The Shops at Canton Crossing is a project of BCP Investors, a partnership comprised of local developers including Mark Sapperstein of 28 Walker Development; Doug Schmidt and Neil Tucker of Workshop Development; and David Strouse of Birchwood Capital Partners. For additional information, visit www.theshopsatcantoncrossing.com

MEDIA CONTACTS:
Jessica Canfield
Nordstrom, Inc.
(206) 303-4250
Jessica.Canfield@nordstrom.com

Larry Lichtenauer
Lawrence Howard & Associates, Inc.
(410) 363-6205
Larry@LawrenceHoward.com

SOURCE: Nordstrom, Inc.

Nordstrom Rack in Manhattan at The Durst Organization’s 855 6th Avenue to open in fall 2017

SEATTLE, 2017-Feb-17 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today (Feb. 15, 2017) plans to open a Nordstrom Rack in Manhattan at The Durst Organization’s 855 6th Avenue. The approximately 46,500-square-foot store is scheduled to open in fall 2017.

Nordstrom Rack will occupy the first three floors of the newly constructed office/residential tower. The location is on the corner of 31st Street, two blocks from Herald Square.

“We are thrilled to announce a second Nordstrom Rack store in Manhattan,” said Karen McKibbin, president of Nordstrom Rack. “Having a store near Herald Square – one of the most iconic shopping destinations in the world – is very exciting for us, and we look forward to offering visitors and residents of New York an additional location to shop with us.”

This will be the 2nd Nordstrom Rack store in Manhattan. The company has also announced plans to open a Manhattan flagship Nordstrom store in 2019.

“We are proud to welcome Nordstrom Rack to 855 Sixth Avenue,” said Jonathan (Jody) Durst, President of The Durst Organization. “With 375 rental units, 150,000 square feet of office space and now 46,500 square feet of retail, the building is a perfect reflection of the diversity, energy and connectivity of the NoMad neighborhood. We look forward to many years of success with Nordstrom Rack at 855.”

The Durst Organization was represented in-house by Eric Engelhardt, Rocco Romeo, Lindsey Ravesloot and Meghan Duffany and by Ross Berkowitz, Robert Futterman and Peter Whitenack of Robert K. Futterman & Associates, LLC.  Nordstrom, Inc, was represented by Stephen Stephanou and Thibaud Veil of Crown Retail Services, LLC

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.

About Nordstrom
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 349 stores in 40 states, including 123 full-line stores in the United States, Canada and Puerto Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. Additionally, customers are served online through Nordstrom.comNordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

About The Durst Organization
The Durst Organization, founded in 1915 by Joseph Durst, is the owner, manager and builder of 13 million square feet of premiere Manhattan office towers and 1,950 residential rental units with 3,400 in development. The Durst Organization is recognized as a world leader in the development of high-performance and environmentally advanced commercial and residential buildings.  www.durst.org

MEDIA CONTACTS:
Jessica Canfield
Nordstrom, Inc.
(206) 303-4250
Jessica.Canfield@nordstrom.com

Jordan Barowitz
The Durst Organization
(212) 257-6605
jbarowitz@durst.org

SOURCE: Nordstrom, Inc.

Nordstrom Rack at Harlem Irving Plaza in Norridge, Illinois to open in fall 2017

SEATTLE, 2017-Feb-06 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today (Feb. 1, 2017) plans to open a Nordstrom Rack at Harlem Irving Plaza (The HIP) in Norridge, Illinois, just outside of Chicago. The approximately 33,000-square-foot store is scheduled to open in fall 2017. The property is owned and managed by The Harlem Irving Companies, Inc.

The new Nordstrom Rack will join Carson Pirie Scott, Kohl’s, Best Buy, Target, Victoria’s Secret, Bath & Body Works, New York & Company, and other popular retailers at The HIP. The center is located 14 miles from downtown Chicago at Harlem Avenue and Irving Park Road.

“We’ve received such an overwhelmingly positive response from our customers in Chicago as we’ve expanded our presence over the years, and we’re excited to announce our latest location at Harlem Irving Plaza,” said Karen McKibbin, president of Nordstrom Rack. “We look forward to getting our doors open this fall and delivering great brands at great prices.”

This will be the 16th Rack store in Chicagoland following the announcement of new locations in Kildeer, Illinois and Schererville, Indiana opening this spring and Vernon Hills, Illinois opening next year. The company also operates four full-line stores in the greater Chicago area including the downtown flagship store on Michigan Avenue.

“We are thrilled to have such a quality tenant joining our already superb line-up of retailers,” said Michael Marchese, chairman and CEO of The Harlem Irving Companies, Inc. “Harlem Irving Plaza has been a popular shopping center destination for over 60 years, and the addition of an exceptional tenant like Nordstrom Rack further solidifies The HIP’s position as one of the leading shopping destinations in Chicagoland,” said Mr. Marchese.

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.

About Nordstrom
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 349 stores in 40 states, including 123 full-line stores in the United States, Canada and Puerto Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. 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 seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

About Harlem Irving Plaza
Harlem Irving Plaza is a 725,000 square foot enclosed regional shopping center on Chicago’s northwest side that caters to a bustling trade area of 1.1 million people. The HIP is the flagship center for The Harlem Irving Companies, Inc.

Established as an open-air center in 1956, Harlem Irving Plaza has been expanded, enclosed and enhanced to become the area’s dominant shopping center. The HIP is home to over 140 national, regional and local specialty retailers including anchor tenants Carson Pirie Scott, Kohl’s, Best Buy and Target, as well as notable small shop tenants including Bath & Body Works, The Children’s Place, Express, Forever 21, and Victoria’s Secret.

In 2013, a major expansion was completed called North of HIP, which is connected through a walkway to The HIP and features over 4.3 acres of newer retail and restaurants in an attractive open-air environment. Harlem Irving Plaza is located just minutes from O’Hare International Airport and a few miles from Chicago’s busy Kennedy Expressway.

About The Harlem Irving Companies, Inc.
The Harlem Irving Companies, Inc. was established in 1954 with the development of Harlem Irving Plaza. Today, The Harlem Irving Companies, Inc. is a dynamic organization that continues to distinguish itself as a leading developer of shopping centers, as well as a wide variety of properties, including public use facilities, retail and commercial developments, and multi-unit residential and institutional real estate.

The Harlem Irving Companies, Inc. currently owns 17 retail projects totaling 2.3 million square feet, as well as several multifamily properties in the Chicago area, a hotel in South Carolina and is currently developing mixed-use projects in Chicago and Minneapolis.

MEDIA CONTACTS:
Jessica Canfield
Nordstrom, Inc.
(206) 303-4250
Jessica.Canfield@nordstrom.com

Mara Russiaky
The Harlem Irving Companies, Inc.
(773) 625-3036
mrussiaky@harlemirving.com

SOURCE: Nordstrom, Inc.

Nordstrom Rack at FIGat7th in Downtown Los Angeles, California opens in fall 2017

SEATTLE, 2017-Feb-06 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today (Feb. 1, 2017) plans to open a Nordstrom Rack at FIGat7th in Downtown Los Angeles, California. The approximately 27,000-square-foot store is scheduled to open in fall 2017. FIGat7th is owned and operated by Brookfield Property Partners L.P.

The new Nordstrom Rack will join Target, H&M, Victoria’s Secret, MAC, an award-winning food hall and more. The center is located in the heart of Downtown Los Angeles at 7th & Figueroa Street.

“We’ve long been on the lookout for the right location to bring Nordstrom Rack to Downtown Los Angeles, and we couldn’t be more excited to join FIGat7th,” said Karen McKibbin, president of Nordstrom Rack. “We feel this new location will provide better convenience for our customers who live and work downtown.”

This will be the 12th Nordstrom Rack store in the Los Angeles area. The company also operates eight full line stores in the area and has been serving customers in the state since it first opened at South Coast Plaza in 1978.

“Nordstrom Rack is the ideal addition to FIGat7th’s premier tenant mix,” said Bert Dezzutti, executive vice president of the western region for Brookfield. “Their on-trend merchandise appeals to our entire customer base, solidifies FIGat7th as the one-stop shopping destination for downtown, and will encourage even more cross-shopping throughout the center.”

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 specialty 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.

FIGat7th is Downtown LA’s premier shopping, dining, and entertainment destination. An open-air shopping and dining mecca, FIGat7th is home to H&M and Zara flagship stores, Bath & Body Works, Target, and more, as well as a first-class collection of unique eateries that delight fashionistas and foodies alike. And with free concerts, movies, and events all year long paired with plentiful, inexpensive parking, FIGat7th is the best place to begin when exploring Downtown LA.

About Nordstrom

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 349 stores in 40 states, including 123 full-line stores in the United States, Canada and Puerto Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. Additionally, customers are served online through Nordstrom.comNordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

MEDIA CONTACTS:
Jessica Canfield
Nordstrom, Inc.
(206) 303-4250
Jessica.Canfield@nordstrom.com

Darren Gold
The Rose Group
c/o Brookfield
(310) 418-2188
Darren@therosegrp.com

SOURCE: Nordstrom, Inc.

Nordstrom Rack at Mellody Farm in Vernon Hills, IL to open in fall 2018

SEATTLE, 2017-Jan-26 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today (Jan. 25, 2017 ) plans to open a Nordstrom Rack at Mellody Farm in Vernon Hills, IL. The approximately 30,000-square-foot store is scheduled to open in fall 2018. The property is being developed by Regency Centers.

The new Nordstrom Rack will join Whole Foods and a variety of best-in-class restaurants and retailers at Mellody Farm. The center is located 30 miles north of downtown Chicago, at the heavily trafficked intersection of Milwaukee Avenue and Townline Road.

“We’re fortunate to serve many customers in the Chicagoland area, and we look forward to adding a new location that we hope will provide greater convenience for folks in the Vernon Hills area,” said Karen McKibbin, president of Nordstrom Rack. “We look forward to delivering the great brands our customers have come to expect at great Rack prices.”

This will be the 15th Rack store in Chicagoland following the announcement of new locations in Kildeer, IL and Schererville, IN opening this spring. The company also operates four full-line stores in the greater Chicago area including the downtown flagship store on Michigan Avenue.

“We’re thrilled to welcome Nordstrom Rack at Mellody Farm,” said Matt Hendy, Vice President and Regional Officer for Regency Centers. “This will be our second partnership for a ground-up development in the Chicagoland area. Mellody Farm will be a regional retail center that will serve the customers of Lake County, IL. Innovative building design, placemaking and partnerships with outstanding retailers will position Mellody Farm to be the shopping and entertainment destination of choice for the northern suburbs of Chicago.”

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.

About Nordstrom
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 349 stores in 40 states, including 123 full-line stores in the United States, Canada and Puerto Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. Additionally, customers are served online through Nordstrom.comNordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

About Regency Centers Corporation (NYSE: REG)
With more than 50 years of experience, Regency is the preeminent national owner, operator and developer of high quality, grocery anchored neighborhood and community shopping centers. The Company’s portfolio of 307 retail properties encompasses over 42.1 million square feet located in top markets throughout the United States, including co-investment partnerships. Regency has developed 223 shopping centers since 2000, representing an investment at completion of more than $3 billion. Operating as a fully integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed.

MEDIA CONTACTS:
Jessica Canfield
Nordstrom, Inc.
(206) 303-4250
Jessica.Canfield@nordstrom.com

SOURCE: Nordstrom, Inc.

Nordstrom appointments: Geevy Thomas as Chief Innovation Officer and Karen McKibbin as president, Nordstrom Rack

Seattle, 2017-Jan-11 — /EPR Retail News/ — Nordstrom, Inc. today (January 9, 2017) announced that the company has created a new executive team role, Chief Innovation Officer, and named long-time company leader Geevy Thomas to the position. It also announced Karen McKibbin as president, Nordstrom Rack.

Geevy Thomas Named Chief Innovation Officer

“Our new Chief Innovation Officer and his team will lead the most forward-looking customer-centric effort that Nordstrom has taken on to date,” said Erik Nordstrom, co-president of Nordstrom. “Our business was founded and built over the years through our full-line stores, and today they still represent the largest portion of our sales volume. However, the way customers are choosing to shop in a more digitally-connected world continues to change, and we know we need to find ways for our stores to evolve with them. This is a challenge, but we also see a tremendous opportunity to leverage our stores in ways that will allow us to serve customers into the future better than anyone else.

Over the past few years, Nordstrom has worked to deliver a more seamless, personalized and relevant shopping experience for customers by enhancing its stores, Nordstrom.com site, and Nordstrom app. The Nordstrom Innovation team will be tasked with helping the company ideate how its full-line stores of the future will better serve customers through further integration of digital and mobile.

“We’re looking to answer big questions and to get there, we’re giving our Nordstrom Innovation team the ability to move quickly and boldly to find solutions for the stores of tomorrow right out of the gate today,” continued Nordstrom. “Creating a fully separate team will help remove restrictions or boundaries around what’s possible for the Innovation team to test and try.”

Thomas brings 34 years of experience in all areas of Nordstrom to this role, beginning as a salesperson and then moving into store, regional and buying management roles. He most recently served as the company’s president of Nordstrom Rack. “Geevy is known as a customer-first, visionary leader. That deep knowledge, along with his curiosity and energy to try new things, make him uniquely positioned to take on this role. We’re excited for what’s to come for our customers.”

Karen McKibbin Named President, Nordstrom Rack

With Thomas moving to his new role, the company also announced Karen McKibbin will assume the role of president, Nordstrom Rack. In this position she will support the company’s 215 Nordstrom Rack stores, including operations, merchandising, strategy, finance and store planning, focused on continuing to serve more customers with speed and convenience, gain market share and grow the company’s store presence in top retail centers around the country.

“Karen has been with Nordstrom for 30 years in a variety of roles and has always proven to be a leader who consistently delivers results, develops talent and innovates to deliver to our customers,” said Blake Nordstrom. “She is the right person to take on our Rack business as it continues to evolve with the needs of our customers and we know she’ll drive results and growth into its next chapter.”

Prior to this new role, McKibbin was the company’s first president of Nordstrom Canada. She was named to the role in 2012, leading the company’s efforts to serve customers through its first international venture. In that role she and her team opened five of the company’s six planned stores (with one to come in 2017).

“Karen was instrumental in building an infrastructure that allowed us to enter the Canadian market, first with full-line stores and soon with Nordstrom Racks to come,” Nordstrom continued. “The entrepreneurial spirit, flexibility and creativity that she brought into that role will serve us well in the Rack as well.”

McKibbin began her Nordstrom career in 1985 as a stockperson. Over the years, her assignments have included salesperson, department manager, buyer and store manager. In 1999, she was named vice president, Los Angeles regional manager and has led three additional regions since then – the Northeast, where she pioneered the company’s entry into the competitive Boston market; the South, where she supported the company’s fastest-growing region; and Northern California and Hawaii, where she drove the company’s strongest same-store sales growth in California.

About Nordstrom

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 349 stores in 40 states, including 123 full-line stores in the United States, Canada and Puerto Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. Additionally, customers are served online through Nordstrom.comNordstromrack.com and HauteLook. The company owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

Contact:
Tara Darrow
Cell: (206) 310-8016
Office: (206) 303-3016

Source: Nordstrom, Inc.

Nordstrom announces the appointment of Michelle Haggard as VP, regional manager for Canada

Seattle, 2017-Jan-11 — /EPR Retail News/ — Nordstrom, Inc. today (January 9, 2017) announced that Michelle Haggard will take on the role of vice president, regional manager for Canada. Karen McKibbin, who previously served as president, Nordstrom Canada, has taken on a new leadership role in the company as president, Nordstrom Rack.

“Over the past four years, Nordstrom was fortunate to successfully expand into Canada and open our doors to serve customers there,” said Jamie Nordstrom, president of stores for Nordstrom. “Now, with a solid infrastructure in place, we can move to the next part of our strategy, which was to create a regional structure focused on operating our stores. We’re excited that we have a seasoned store leader like Michelle Haggard who will lead our efforts.”

The Canada region supported by Haggard and her team based in Toronto, will be comprised of Nordstrom full-line stores that have already opened in Vancouver, Ottawa, Calgary and Toronto (two), as well as a sixth store set to open in Toronto next year. Haggard will also manage opening and operating the company’s five announced Nordstrom Rack locations.

Haggard is a seasoned Nordstrom leader who joined the company in 1991. She started as a salesperson in our store in Riverside, California, and then was promoted to department manager before taking on buying roles in the Womens and POV/Sportswear departments. Haggard managed four full-line stores around the country and was an assistant regional manager for the Northeast, helping lead the company’s expansion in Boston. In 2010 she was promoted to Southeast Rack regional manager and in 2013 she was named full-line vice-president, Southeast regional manager.

Karen McKibbin previously lead the company’s Canada expansion efforts since 2012.

“Karen was instrumental in building the foundation that allowed us to enter the Canadian market and we’re so appreciative of her efforts,” continued Nordstrom. “The entrepreneurial spirit, flexibility and creativity that she brought into that role will serve us well in our Rack business, and we know she’s paved a great path for Michelle to take this area of our business forward.”

About Nordstrom and Trunk Club

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 349 stores in 40 states, including 123 full-line stores in the United States, Canada and Puerto Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. Additionally, customers are served online through Nordstrom.comNordstromrack.com and HauteLook. The company owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

CONTACT:
Tara Darrow
Cell: (206) 310-8016
Office: (206) 303-3016

Source: Nordstrom, Inc.

Nordstrom Rack to open store in Toronto, Canada in 2018

SEATTLE, 2016-Feb-17 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) today announced plans to open a Nordstrom Rack at One Bloor in Toronto, Ontario, Canada. The 38,600-square-foot store is scheduled to open in 2018.

The store will be located in Yorkville on the southeast corner of Yonge Street and Bloor Street, a well-known shopping district in Toronto. The new Rack will join Bloor Street retailers that include Holt Renfrew, Prada, Gap, Michael Kors, H&M, and Zara. The store will be approximately one mile north of the Nordstrom full-line store scheduled to open September 16, 2016 at CF Eaton Centre.

Nordstrom Rack first started in the basement of the company’s Seattle store over 40 years ago and is the off-price retail division of Nordstrom, Inc. The Rack offers customers a wide selection of on-trend apparel, accessories and shoes at an everyday savings of 30-70 percent off regular prices. Merchandise comes from Nordstrom stores and specially purchased items from many of the top brands sold at Nordstrom. The Rack is designed to provide the ultimate treasure hunt to style-savvy customers.

“We’re excited to announce our first Nordstrom Rack in Canada in such a wonderful location and provide Canadian customers another way to shop their favorite Nordstrom brands at great prices,” said Karen McKibbin, president of Nordstrom Canada. “We want to be a part of compelling locations across the country and this is a great first step. We look forward to getting our doors open to serve customers in Toronto.”

“We are delighted to welcome Nordstrom Rack to One Bloor, the perfect retailer for such a dynamic location. Anchoring the mink mile at the Yonge/Bloor intersection, One Bloor represents one of Toronto’s signature architectural landmarks and is a symbol of excellence in design, technology and experience,” said Christopher Wein, President Great Gulf. “With a culmination of residential, retail and transit at this amazing intersection and the vibrant pedestrian activity, Nordstrom Rack will be well positioned for success and future growth.”

Nordstrom first announced plans to expand to Canada in 2012 and to date has opened three full-line stores in Calgary at CF Chinook Centre on September 19, 2014; CF Rideau Centre inOttawa on March 6, 2015 and CF Pacific Centre in Vancouver on September 18, 2015. The company will open three additional full-line stores in the Toronto area including CF Eaton Centre on September 16, 2016, Yorkdale Shopping Centre on October 21, 2016 and CF Sherway Gardens, fall 2017.

About Nordstrom
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 323 stores in 39 states, including 121 full-line stores in the United States, Canada and Puerto Rico; 194 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 NYSE under the symbol JWN.

MEDIA CONTACTS:
Dan Evans
Nordstrom, Inc.
(206) 303-3036
Dan.evans@nordstrom.com

Madeline Zito
Great Gulf
(416) 441-1262
Madeline.zito@greatgulf.com

 

SOURCE Nordstrom, Inc.