SEATTLE, March 21, 2013 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN)
announced today plans to open a Nordstrom Rack at Shelbyville Road
Plaza in Louisville, Ky. The
approximately 33,000-square-foot store is scheduled to open in fall
2013 and will be the retailer's first location in the state.
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.
"We're thrilled to have the opportunity to open a Nordstrom Rack in Louisville," said Geevy Thomas, president of
Nordstrom Rack. "We've been looking
for ways to better serve our customers living in Kentucky who have been making the drive to
visit us in Cincinnati and
Indianapolis and look forward to
taking care of them when we open this fall at Shelbyville Road
Plaza."
The new Nordstrom Rack will be
conveniently located off of I-264 and will join a strong mix of
tenants at Shelbyville Road Plaza including Trader Joe's, Ross, and
Nike Factory Store, among others. The new store will occupy the
former Circuit City space.
"We are very excited about partnering with such a first rate
retail company and look forward to Nordstrom Rack's contribution to this center,"
said Scott Hagan, Chairman of Hagan
Properties. "Over the past three years, we have revitalized
this shopping center and Nordstrom
Rack is an important part of the overall rebranding that
this center has needed."
About Hagan Properties
Hagan Properties is a
full-service real estate development company specializing in the
development, redevelopment, leasing, management and marketing of
shopping centers and apartments in Kentucky. Founded in 1996,
Hagan Properties has grown into a leading real estate developer in
Kentucky. Hagan Properties currently owns some of the most
desired shopping centers and apartment communities in the
Louisville Metro Area.
About Nordstrom
Nordstrom, Inc. is one of the leading
fashion specialty retailers based in the U.S. Founded in 1901 as a
shoe store in Seattle, today
Nordstrom operates 242 stores in 31 states, including 117 full-line
stores, 121 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 CONTACTS:
Megan Garvey
Nordstrom, Inc.
(206) 303-3019
megan.a.garvey@nordstrom.com
J. Scott Hagan
Hagan Properties, Inc.
(502) 245-8800
Scott@haganmail.com
(Logo: http://photos.prnewswire.com/prnh/20001011/NORDLOGO)
SOURCE Nordstrom, Inc.