SEATTLE, Dec. 22, 2016 /PRNewswire/ -- Seattle-based
Nordstrom, Inc. (NYSE: JWN) announced today plans to open Nordstrom
Rack at the new Lincoln Square Expansion in Bellevue, Washington. The approximately
43,000-square-foot store is scheduled to open in fall 2017.
Nordstrom Rack will be part of
the 1.5 million sq. ft. expansion of The Bellevue Collection, which
currently includes Bellevue Square,
Bellevue Place and Lincoln Square,
the portion under expansion. Lincoln Square Expansion includes
office, retail, dining and entertainment space along with a 244
room W Hotel and 218 luxury high-rise rental residences.
"We know many of our best Rack stores are those near our full
line locations, and we've long been looking for the right space
near Nordstrom Bellevue Square," said Geevy Thomas, president of
Nordstrom Rack. "We couldn't be more
excited to deliver great brands at great Rack prices when we open
our doors at Lincoln Square."
When it opens, the new store will be the eighth Nordstrom Rack in Western Washington. The company also operates
six Nordstrom stores: Downtown Seattle, Bellevue Square,
Northgate, Alderwood, Southcenter and Tacoma Mall.
"We have long felt that expanding Nordstrom's presence at The
Collection would be synergistic for all our retail and restaurant
offerings and are delighted that with the expansion of Lincoln
Square, we were able to find this location for Nordstrom Rack," says Kemper Freeman, CEO and chairman of the board,
Kemper Development Company.
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 to 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.
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 349 stores
in 40 states, including 123 full-line stores in the United States, Canada and Puerto
Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and
two clearance stores. 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 seven clubhouses.
Nordstrom, Inc.'s common stock is publicly traded on the NYSE under
the symbol JWN.
About The Bellevue Collection/Kemper Development
Company
Located in the heart of Bellevue,
Washington, The Bellevue Collection, owned by Kemper
Development Company and affiliates, includes Bellevue Square, a super-regional upscale
shopping center, Bellevue Place, a
mixed-use property featuring the Hyatt Regency Bellevue and small
boutiques and Lincoln Square, anchored by the Lincoln Square
Cinemark theaters, restaurants, home furnishing stores and The
Westin Bellevue hotel. Currently, it consists of a distinctive
collection of 250 of the finest shops, 30 sit-down restaurants,
1,100 luxury hotel rooms and 10,000 free retail parking spaces, all
in one location, making The Bellevue Collection a shopping, dining
and nightlife and entertainment experience unlike any other in the
region. With the expansion of Lincoln Square, The Collection will
add a total of 1.5 million sq. ft. including 177,000 sq. ft.
restaurants/retail, 710,000 sq. ft. of Class A Premier Office
space, the 244-room W Hotel and 218 luxury high-rise rental
residences in Two Lincoln Tower. The Collection is located on
Bellevue Way between NE 4th and NE
10th Streets in downtown Bellevue, just across Lake Washington from
Seattle. For more information on
the Lincoln Square Expansion, visit the Lincoln Square Expansion
site.
MEDIA CONTACT:
Jessica Canfield
Nordstrom, Inc.
(206) 303-4250
jessica.canfield@nordstrom.com
Cheryl Engstrom
For The Bellevue Collection
425-487-0682
cheryl@engstrompr.com
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SOURCE Nordstrom, Inc.