Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Nordstrom, Inc.    JWN

Delayed Quote. Delayed  - 07/29 10:02:57 pm
44.23 USD   +2.22%
07/28 NORDSTROM : to Report Second Quarter 2016 Financial Results on Augus..
07/28 NORDSTROM : Expands Madewell Partnership to 20 Additional Stores Thi..
07/27 NORDSTROM : Cedar Rapids approves land sale to Nordstrom
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Nordstrom, Inc. : Nordstrom Rack Expands Store Presence In Chicago

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/08/2013 | 01:10pm EDT

SEATTLE, March 8, 2013 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Maxwell in Chicago, Ill. The approximately 36,500-square-foot store is scheduled to open in 2014.

Nordstrom first came to Chicagoland in 1991 with the opening of its Oakbrook Center full-line store, and went on to open several more stores throughout the Midwest. Today, the company operates four full-line and seven Rack stores in the Chicago area.

"We're excited to have the opportunity to further grow our downtown Chicago presence with our new location at The Maxwell," said Geevy Thomas, president of Nordstrom Rack. "We're grateful for the tremendous response we've had from our Chicago area customers ever since we arrived here. We want to be a part of compelling locations across the country and are looking forward to getting our doors open so that we can help more customers in the South Loop neighborhood."

The 230,000 square-foot Maxwell project will be located within the South Loop neighborhood of Chicago, north of the intersection of Canal Street and Roosevelt Road. The new Nordstrom Rack will occupy a commanding street level space with easy accessibility from Roosevelt Road, and join a vibrant retail mix at the center. The new store will be located just two miles south of the State Street Rack store.

"We could not be more delighted to have Nordstrom Rack as a lead anchor in The Maxwell. This store reinforces the confidence they have demonstrated in the Chicago marketplace. Nordstrom Rack is a leader in its peer group and a best in class retailer. The Rack is a great addition to the South Loop as this area continues to evolve as a prominent retail corridor serving more than 15 Chicago neighborhoods," said Robert J. Bond, president of the Bond Companies, developer of The Maxwell.

Nordstrom Rack is the off-price retail division of Nordstrom, Inc., carrying on-trend merchandise from Nordstrom stores and Nordstrom.com at 50 to 60 percent off original Nordstrom prices. Nordstrom Rack also offers a wide selection of apparel, accessories and shoes from many of the brands carried in Nordstrom stores. These items are purchased specially for Nordstrom Rack, with most at savings of 30 to 70 percent off.

About Bond Companies
The development is a joint venture between Bond Companies, a leading retail and mixed use development company based in Chicago, and Bucksbaum Retail Properties, a fully integrated owner and developer of urban oriented retail real estate.

About Nordstrom
Nordstrom, Inc. is one of the leading fashion specialty retailers based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 240 stores in 31 states, including 117 full-line stores, 119 Nordstrom Racks, two Jeffrey boutiques, one treasure&bond store and one clearance store. Nordstrom also serves customers through Nordstrom.com and through its catalogs. Additionally, the Company operates in the online private sale marketplace through its subsidiary HauteLook. Nordstrom, Inc.'s common stock is publicly traded on the NYSE under the symbol JWN.

MEDIA CONTACTS:
Megan Garvey
Nordstrom, Inc.
(206) 303-3019

Robert J. Bond
Bond Companies
(312) 853-0070

(Logo: http://photos.prnewswire.com/prnh/20001011/NORDLOGO)

SOURCE Nordstrom, Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NORDSTROM, INC.
07/28 NORDSTROM : to Report Second Quarter 2016 Financial Results on August 11
07/28 NORDSTROM : Expands Madewell Partnership to 20 Additional Stores This Fall; Fall..
07/27 NORDSTROM : Cedar Rapids approves land sale to Nordstrom
07/27 NORDSTROM : Expands Madewell Partnership To 20 Additional Stores This Fall
07/25 NORDSTROM : Rack To Open In Frisco, Texas
07/22 NORDSTROM : Anniversary Sale Starts Today! #NSALE
07/22 NORDSTROM : 4 steps for leveraging mobile to better connect with customers
07/13 NORDSTROM : Acquires Minority Stake in Dsco
07/12 NORDSTROM : Pokémon Go gets consumers back to the mall, but will they shop?
07/11 NORDSTROM : extends Northgate valet service during big sale
More news
Sector news : Apparel & Accessories Retailers - NEC
07/28 Weak China sales drag down Smith & Nephew profits
07/27DJCARTER : Shares Fall on Weakened Outlook
07/21 British clothing retailers face Brexit double whammy
07/19DJWhy Europe's Clothing Retailers Won't Be Torn Apart by Amazon -- Heard on the..
07/15DJJapan Stocks Notch Best Week in Six-and-Half Years
More sector news : Apparel & Accessories Retailers - NEC
News from SeekingAlpha
07/27 Nordstrom expands Madewell partnership
07/26 Off-Price Retailers Are Winning In Clothing
07/25 Solid gains for apparel store stocks
07/20 MACY'S : Too Little Too Late, Part 2
07/19 Earnings Are Not Gloomy - Cramer's Mad Money (7/18/16)