SEATTLE, Feb. 16, 2016 /CNW/ -- Seattle-based
Nordstrom, Inc. (NYSE: JWN) today announced plans to open a
Nordstrom Rack at One Bloor in
Toronto, Ontario, Canada. The
38,600-square-foot store is scheduled to open in 2018.
The store will be located in Yorkville on the southeast corner
of Yonge Street and Bloor Street, a
well-known shopping district in Toronto. The new Rack will join Bloor Street retailers that include Holt
Renfrew, Prada, Gap, Michael Kors, H&M, and Zara. The store
will be approximately one mile north of the Nordstrom full-line
store scheduled to open September 16,
2016 at CF Eaton Centre.
Nordstrom Rack first started in
the basement of the company's Seattle store over 40 years ago and is the
off-price retail division of Nordstrom, Inc. The Rack offers
customers a wide selection of on-trend apparel, accessories and
shoes at an everyday savings of 30-70 percent off regular prices.
Merchandise comes from Nordstrom stores and 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 excited to announce our first Nordstrom Rack in Canada in such a wonderful location and
provide Canadian customers another way to shop their favorite
Nordstrom brands at great prices," said Karen McKibbin, president of Nordstrom Canada. "We want to be a part of
compelling locations across the country and this is a great first
step. We look forward to getting our doors open to serve customers
in Toronto."
"We are delighted to welcome Nordstrom
Rack to One Bloor, the perfect retailer for such a dynamic
location. Anchoring the mink mile at the Yonge/Bloor intersection,
One Bloor represents one of Toronto's signature architectural landmarks
and is a symbol of excellence in design, technology and
experience," said Christopher Wein,
President Great Gulf. "With a culmination of residential, retail
and transit at this amazing intersection and the vibrant pedestrian
activity, Nordstrom Rack will be
well positioned for success and future growth."
Nordstrom first announced plans to expand to Canada in 2012 and
to date has opened three full-line stores in Calgary at CF Chinook Centre on September 19, 2014; CF Rideau Centre in
Ottawa on March 6, 2015 and CF Pacific Centre in
Vancouver on September 18, 2015. The company will open three
additional full-line stores in the Toronto area including CF Eaton Centre on
September 16, 2016, Yorkdale Shopping
Centre on October 21, 2016 and CF
Sherway Gardens, fall 2017.
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 323 stores in 39 states, including 121 full-line stores in
the United States, Canada and
Puerto Rico; 194 Nordstrom Rack
stores; two Jeffrey boutiques; and one clearance store.
Additionally, customers are served online through Nordstrom.com,
Nordstromrack.com and HauteLook. The company also owns Trunk Club,
a personalized clothing service serving customers online at
TrunkClub.com and its five clubhouses. Nordstrom, Inc.'s common
stock is publicly traded on the NYSE under the symbol JWN.
MEDIA CONTACTS:
Dan Evans
Nordstrom, Inc.
(206) 303-3036
Dan.evans@nordstrom.com
Madeline Zito
Great Gulf
(416) 441-1262
Madeline.zito@greatgulf.com
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SOURCE Nordstrom, Inc.