Nordstrom Rack To Open In Naples, FL.
SEATTLE, Jan. 9, 2013
SEATTLE, Jan. 9, 2013 /PRNewswire/ -- Seattle-based Nordstrom, Inc., (NYSE:
JWN) announced today plans to open a Nordstrom Rack in Naples, FL at The
Mercato. The approximately 30,000-square-foot store is scheduled to open in
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.
Nordstrom operates nine full-line and eight Rack stores in Florida, including
its location at Waterside Shops in Naples. "We're fortunate to have lots of
customers living in south Florida and hope this new store will make it more
convenient for our Naples customers to shop both our full-line and Rack
locations," said Geevy Thomas, president of Nordstrom Rack.
The new Nordstrom Rack will be conveniently located off of US-41 and will be
just two miles north of the Nordstrom full-line store at Waterside Shops. The
new two-level Rack store will occupy the former Borders book store and will
join a vibrant retail and restaurant scene. Nearby stores include Whole Foods,
Ulta, Sur La Table, Capital Grille and Blue Martini, among others. Madison
Marquette Retail Services owns and manages The Mercato.
"We are extremely proud of our Madison Marquette Florida Leasing Team and the
addition of this leading fashion retailer to Mercato. Nordstrom Rack will
attract a variety of brand conscious, fashion forward customers and is a
perfect fit for the surrounding area's demographics," said Chuck Taylor,
Senior Vice President of Leasing of MMRS.
About Madison Marquette Retail Services
MMRS provides a full range of retail real estate services for over 20 million
square feet of retail and mixed-use properties throughout the United States.
The company specializes in enhancing the value of retail assets through an
integrated approach to leasing, property management, marketing and development
services. MMRS has offices located in Ft. Lauderdale, Charlotte, San
Francisco, Los Angeles, New York, Philadelphia, San Diego, Seattle and
Washington, DC. For more information about the company, please visit
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.
Madison Marquette Retail Services
SOURCE Nordstrom, Inc.
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