Nordstrom Rack to Open at Pacific Commons in Fremont, CA
SEATTLE, July 23 /PRNewswire-FirstCall/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) has announced plans to open a new Nordstrom Rack at Pacific Commons shopping center in Fremont, Calif. The 34,710 square-foot store is expected to open in spring 2011.
"We've wanted to be in Fremont for some time and are looking forward to finally opening our doors so we can start serving more of our East Bay customers," said Geevy Thomas, president of Nordstrom Rack. "We think this is a terrific opportunity at Pacific Commons and can't wait to be part of the strong retail mix at this location."
The section of Pacific Commons where the new Rack will be located features a retail lineup that includes Kohl's, Old Navy and DSW, among others. Pacific Commons is an 839,000-square-foot shopping center conveniently located at the intersection of I-880 and Auto Mall Parkway. The center is owned and operated by Catellus Development Group, a ProLogis company. Nordstrom currently operates three stores in the East Bay Area, including a Rack in San Leandro and two Nordstrom stores located in Pleasanton and Walnut Creek.
"We are very excited to welcome Nordstrom Rack to Pacific Commons," said Sean Whiskeman, vice president of retail operations for Catellus. "Already home to a large list of world-class retailers, the addition of Nordstrom Rack helps make the retail mix here even stronger. We are extremely pleased that Nordstrom Rack has chosen Pacific Commons as its Fremont location."
Nordstrom Rack is the off-price retail division of Nordstrom, and carries merchandise from Nordstrom stores and Nordstrom.com at 50-60% 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 and purchased specially for Nordstrom Rack, with most at savings of 30-70% off.
Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 193 stores located in 28 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 114 full-line stores, 76 Nordstrom Racks, two Jeffrey boutiques and one clearance store. Nordstrom also serves customers through its online presence at www.nordstrom.com and through its catalogs. Nordstrom, Inc. is publicly traded on the NYSE under the symbol JWN.
About Catellus Development Corp.:
Catellus, a ProLogis company, is a national leader in mixed-use development, solving some of America's most complex land challenges. With over 25 years experience as a master developer, Catellus has transformed former airports, military bases and urban industrial sites into thriving retail, residential and commercial communities. These projects, which often include substantial public amenities, add economic, social and environmental value to the communities they serve. For additional information about the company, go to www.catellus.com.
SOURCE Nordstrom, Inc.
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