Nordstrom to Open a Full-Line Store at Ala Moana Center
25 Maggio 2004 - 12:52AM
PR Newswire (US)
Nordstrom to Open a Full-Line Store at Ala Moana Center SEATTLE,
May 24 /PRNewswire-FirstCall/ -- Nordstrom, Inc. , announced today
it has signed a letter of intent to open an approximately 200,000
square foot store at Ala Moana Center in Honolulu, HI. The three-
level store will be located on the Mauka side of the mall on
Kapiolani Boulevard and is tentatively scheduled to open fall 2007
or spring 2008. The Nordstrom Shoe store at Ward Centre will remain
open in its current location until the new store is completed.
Nordstrom Shoes will be incorporated into the full-line store when
it opens at Ala Moana Center. (Logo:
http://www.newscom.com/cgi-bin/prnh/20001011/NORDLOGO ) Nordstrom
has been looking to open a store on Oahu for more than 15 years.
Previously the company signed letters of intent to open at Ala
Moana Center in 1996 and with Victoria Ward Center in 2001. Both
projects did not come to fruition. "Ala Moana Center is the premier
shopping destination in the islands and the place we've most wanted
to be -- we couldn't be happier that this is finally working out,"
said Blake Nordstrom, president Nordstrom, Inc. "Nordstrom at Ala
Moana will give us the opportunity, at last, to serve our loyal
island customers with a full-line store." The company also
anticipates serving visitors to Hawaii. Nordstrom has had an island
presence for 38 years operating leased shoe departments in Liberty
House stores. In 1997, Liberty House terminated their lease
agreement with Nordstrom, at which point Nordstrom opened
stand-alone shoe stores at Ala Moana Center. In 2000, Nordstrom
opened a Nordstrom Rack store at Ward Centre. Two years later,
Nordstrom consolidated and relocated a brand new store to Ward
Centre offering shoes for men, women and children under one roof.
Nordstrom has approximately 80 employees at its current Oahu
locations, nearly all of whom were hired from the local community.
Together, these employees have a combined 737 years of experience
with Nordstrom. Six employees have worked for the company for more
than 20 years and four for more than 30 years. "Our local employees
have a thorough dedication to serving our customers," Nordstrom
added. Ala Moana is one of the country's best performing malls in
the country and is comprised of more than 1.8-million square feet
of retail space. In April of this year, General Growth Properties
also announced a redevelopment project that would include an
additional 140,000 square feet of retail and restaurant space.
"Nordstrom has set the standard for retail excellence, something
our shoppers have come to expect from Ala Moana Center," said
Dwight Yoshimura, senior vice president of management of General
Growth Properties. "Our customers have told us for quite some time
they would like to see a Nordstrom in Ala Moana Center. We're
excited we can now provide it for them. It's another way we're
creating a special place and a one-of-a-kind experience for our
shoppers." Ala Moana Center is owned and managed by General Growth
Properties, the country's second largest shopping center owner,
developer and manager. General Growth currently has ownership
interest in, or management responsibility for, a portfolio of 177
regional shopping malls in 41 states. The company portfolio totals
approximately 153-million square feet of retail space and includes
over 16,000 retailers nationwide. A publicly traded Real Estate
Investment Trust (REIT), General Growth Properties is listed on the
New York Stock Exchange under the symbol GGP. For more information
on General Growth Properties and its portfolio of malls, please
visit the company web site at http://www.generalgrowth.com/.
Nordstrom, Inc. is one of the nation's leading fashion specialty
retailers, with 149 US stores located in 27 states. Founded in 1901
as a shoe store in Seattle, today Nordstrom operates 93 full-line
stores, 49 Nordstrom Racks, five Faconnable boutiques, one
free-standing shoe store, and one clearance store. Nordstrom also
operates 31 international Faconnable boutiques, primarily in
Europe. Additionally, Nordstrom serves customers through its online
presence at http://www.nordstrom.com/ and through its direct mail
catalogs. Nordstrom, Inc. is publicly traded on the NYSE under the
symbol JWN. CONTACT: Brooke White Nordstrom, Inc. 206-373-3030
http://www.newscom.com/cgi-bin/prnh/20001011/NORDLOGO
http://photoarchive.ap.org/ DATASOURCE: Nordstrom, Inc. CONTACT:
Brooke White of Nordstrom, Inc., +1-206-373-3030 Web site:
http://www.nordstrom.com/
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