SEATTLE, Oct. 23, 2013 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN)
announced today plans to open a Nordstrom Rack at Woodland Plaza in
Tulsa, Okla. The approximately
33,330-square-foot store is scheduled to open in spring 2014. The
property is managed by Heitman.
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. The Rack carries
merchandise from Nordstrom stores and Nordstrom.com, as well as
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 pleased to have the opportunity to serve more customers
in Oklahoma with a Nordstrom Rack at Woodland Plaza," said Geevy
Thomas, president of Nordstrom Rack.
"We think Tulsa customers will
love the great brands we offer and appreciate the prices, and we're
eager to get to work earning their business."
The first Nordstrom Rack in
Oklahoma opened on September 12, 2013, at Belle Isle Station in
Oklahoma City, another
Heitman-managed property. When it opens this spring, the new Tulsa
Nordstrom Rack will occupy the former Bed Bath & Beyond
location at Woodland Plaza. Located on East 71st Street across from
Woodland Hills Mall, Woodland Plaza is home to a mix of retailers,
including Old Navy, Famous Footwear and Barnes & Noble.
"Nordstrom Rack is known for
carrying the best fashion at a significant savings and for
providing customers with a best-in-class shopping experience," said
Steve Warsaw, SVP, Retail Specialist
of Heitman, which manages Woodland Plaza on behalf of an
institutional client. "We are proud of the great lineup of
retailers already at Woodland Plaza and we think the Rack will be
an exciting addition to the mix."
About Heitman
Heitman, founded in 1966 and headquartered in Chicago, is a real estate investment
management firm with approximately $28
billion in assets invested directly and indirectly in real
estate in North America,
Europe and Asia-Pacific. The firm's clients include
institutions, pension plans, endowments and foundations, and
individual investors.
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 257 stores in 35 states,
including 117 full-line stores, 137 Nordstrom Racks,
two Jeffrey boutiques and one clearance store. Nordstrom
also serves customers through Nordstrom.com and in the
online private sale marketplace, HauteLook. Nordstrom,
Inc.'s common stock is publicly traded on
the NYSE under the symbol JWN.
(Logo: http://photos.prnewswire.com/prnh/20001011/NORDLOGO)
(Photo: http://photos.prnewswire.com/prnh/20130222/SF64843)
MEDIA CONTACTS:
Kate DeToye
Nordstrom, Inc.
(206) 303-4250
kate.detoye@nordstrom.com
Margot Olcay
Rubenstein (on behalf of Heitman)
(212) 843-8284
margot.olcay@rubenstein.com
SOURCE Nordstrom, Inc.