SEATTLE, Jan. 5, 2015 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN)
today announced plans to open a Nordstrom Rack at Ambassador Town
Center in Lafayette, La. The
25,000-square-foot store is scheduled to open in spring 2016. The
more than 425,000-square-foot Ambassador Town Center is a joint
development of Stirling Properties and CBL & Associates
Properties, Inc.
Nordstrom Rack will be part of
the newly developed center located at the intersection of
Ambassador Caffrey Blvd and
Kaliste Saloom Rd. Other retailers
joining will include Costco, Dick's Sporting Goods, Field &
Stream, Marshalls, HomeGoods and several restaurants.
The company just recently announced its first Louisiana retail location at The Mall of
Louisiana in Baton Rouge, which is scheduled to open a
Nordstrom Rack in the fall of
2015.
"We are thrilled with the opportunity to grow our store presence
in Louisiana," said Geevy Thomas,
president of Nordstrom Rack. "We
look forward to earning the business of customers living in and
around Lafayette when we
open."
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 are excited to bring this highly regarded retailer to the
Lafayette market," said Townsend
Underhill, Stirling Properties' senior vice president of
development. "Their commitment to this project demonstrates the
quality of this development and the strength of our regional
economy."
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 294 stores
in 38 states, including 118 full-line stores in the United States and one in Canada; 167 Nordstrom Racks; two Jeffrey
boutiques; and one clearance store. Nordstrom also serves customers
online through Nordstrom.com, Nordstromrack.com and private sale
site HauteLook. The company also owns Trunk Club, a personalized
clothing service that takes care of customers online at
TrunkClub.com and its five showrooms. Nordstrom, Inc.'s common
stock is publicly traded on the NYSE under the symbol JWN.
About Stirling Properties
Stirling Properties is one of the most diversified full-service
commercial real estate companies in the country. Regionally focused
and nationally acclaimed, they utilize a comprehensive set of
resources and rely on a team of trusted experts in Brokerage
Services, Development and Redevelopment, Acquisitions and
Investments and Property and Asset Management over a wide array of
property types to deliver long-term value to our clients across the
Gulf South. With offices located in Jackson, Mississippi; Mobile, Alabama; Pensacola, Florida; Baton Rouge, Lafayette, New
Orleans, Metairie,
Covington, Hammond, and Shreveport/Bossier
City in Louisiana, Stirling
Properties is one of the largest real estate firms in the Gulf
South. Connect with Stirling Properties on the web at
www.stirlingproperties.com.
About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of
malls and shopping centers in the United
States. CBL owns, holds interests in or manages 148
properties, including 89 regional malls/open-air centers. The
properties are located in 30 states and total 84.2 million square
feet including 6.5 million square feet of non-owned shopping
centers managed for third parties. Headquartered in Chattanooga, Tenn., CBL has regional offices
in Boston (Waltham), Mass., Dallas (Irving), Texas, and St.
Louis, Mo. Additional information can be found
at cblproperties.com.
MEDIA CONTACTS:
Naomi Tobis
Nordstrom, Inc.
(206) 303-4250
naomi.tobis@nordstrom.com
Donna L. Derokey
Stirling Properties
(985) 898-2022
dderokey@stirlingprop.com
Photo - http://photos.prnewswire.com/prnh/20130222/SF64843
Logo -
http://photos.prnewswire.com/prnh/20001011/NORDLOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/nordstrom-rack-to-open-at-ambassador-town-center-in-lafayette-la-300015617.html
SOURCE Nordstrom, Inc.