SEATTLE, Jan. 26, 2015 /PRNewswire/ -- Seattle-based
Nordstrom, Inc. (NYSE: JWN) today announced plans to open a
Nordstrom Rack at Cerritos Best Plaza in Cerritos, Calif. The 34,000-square-foot store
is scheduled to open in fall 2015. The property is managed by
CenterCal Properties, LLC.
Cerritos Best Plaza is conveniently located off the 605 and
right across the street from Los Cerritos Center where Nordstrom
has operated a full-line store since 1981. The addition of
Nordstrom Rack is part of an overall
redevelopment project at the plaza which will include new to market
retailers and restaurants.
"Our new Rack at Cerritos Best Plaza will be right across the
street from our Nordstrom store at Los Cerritos Center and offer an
additional way to shop for the brands our customers love at great
prices," said Geevy Thomas, president of Nordstrom Rack. "Many of our best Rack stores
are across the street from our best full-line stores. We know our
customers like the convenience of shopping both."
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 very happy to welcome Nordstrom
Rack to Cerritos as we
begin a complete remodel and revitalization of the Best Plaza,"
said Fred Bruning, CEO of CenterCal
Properties. "Over the course of 2015 visitors will see many new
stores, new architecture and landscaping and even a new name as we
reimagine this center as one of the finest open-air shopping
centers in Southern
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 292 stores
in 38 states, including 116 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 CenterCal Properties,
LLC.
CenterCal Properties, LLC was formed in 2004 by Fred Bruning and Jean
Paul Wardy. With their crystal clear vision in mind and a
passion for developing and acquiring fine retail properties
throughout the western United
States, CenterCal has become increasingly well known for
creating shopping destinations that become favorite community
gathering places. The company currently owns and operates the
following centers: Bridgeport
Village, Cascade Station, Nyberg
Woods & Nyberg Rivers in
Oregon, Valley Mall in
Washington, Station Park in
Utah, Blackhawk Plaza in Northern California, The
Village at Meridian and Treasure Valley Marketplace in Idaho, and The Collection at Riverpark in
Southern California. Additional
projects currently under development include The Trails at
Silverdale in Washington and Cerritos Best Plaza in
Southern California. For more
information on all of CenterCal's properties, please visit
www.centercal.com.
MEDIA CONTACTS:
Naomi Tobis
Nordstrom, Inc.
(206) 303-4250
naomi.tobis@nordstrom.com
Mickey Marraffino
Centercal Properties, LLC
(310) 563-6900
mmarraffino@centercal.com
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SOURCE Nordstrom, Inc.