SEATTLE, June 25, 2012 /PRNewswire/ -- Seattle-based Nordstrom, Inc., (NYSE: JWN)
announced today plans to open a new Nordstrom Rack at Northgate
Mall in Seattle. The approximately
41,000-square-foot store is scheduled to open later this fall.
Nordstrom Rack is the off-price
retail division of Nordstrom, Inc., carrying on-trend merchandise
from Nordstrom stores and Nordstrom.com at 50 to 60 percent off
original Nordstrom prices. Nordstrom
Rack also offers a wide selection of apparel, accessories
and shoes from many of the brands carried in Nordstrom stores.
These items are purchased specially for Nordstrom Rack, with most at savings of 30 to 70
percent off.
The new Nordstrom Rack will be
located at the southeast corner of the mall. Nordstrom also
operates a full-line store at Northgate, where it first opened as a
shoe store in 1950 before expanding to a full-line store in 1965.
Northgate Mall is anchored by Nordstrom, Macy's and JC Penney, and
is owned and operated by Simon Property Group.
The new store will be the retailer's sixth Rack location in the
region including the recently- relocated downtown Seattle Nordstrom
Rack at Westlake Center, just across the street from the flagship
full-line store. "Northgate has been a special home to us for over
60 years and we're thrilled to have the opportunity to add a
Nordstrom Rack in such a terrific
location in our hometown," said Geevy Thomas, president of
Nordstrom Rack. "We hope this new
store will make it more convenient for our north Seattle customers to shop both our full-line
and Rack locations."
"We have a long, and extremely positive relationship with
Nordstrom," said Lisa Borders,
director of marketing and business development, Northgate Mall.
"We're excited to be able to offer Nordstrom Rack to our shoppers. It's a wonderful
complement to their existing store and one we know our shoppers
will embrace."
About Simon Property Group
Simon Property Group, Inc. (NYSE:SPG) is an S&P 100
company and the largest real estate company in the world. The
Company currently owns or has an interest in 339 retail real estate
properties in North America and
Asia comprising 245 million square
feet. We are headquartered in Indianapolis, Indiana and employ approximately
5,500 people in the U.S. For more information, visit the
Simon Property Group website at www.simon.com.
About Nordstrom
Nordstrom, Inc. is one of the nation's leading fashion
specialty retailers. Founded in 1901 as a shoe store in
Seattle, today Nordstrom operates
231 stores in 31 states, including 117 full-line stores, 110
Nordstrom Racks, two Jeffrey boutiques, one treasure&bond store
and one clearance store. Nordstrom also serves customers through
Nordstrom.com and through its catalogs. Additionally, the Company
operates in the online private sale marketplace through its
subsidiary HauteLook. Nordstrom, Inc.'s common stock is publicly
traded on the NYSE under the symbol JWN.
MEDIA CONTACT:
Kendall Ault
Nordstrom, Inc.
(206) 303-3019
(Logo: http://photos.prnewswire.com/prnh/20001011/NORDLOGO)
SOURCE Nordstrom, Inc.