Nordstrom Rack To Open In Farmington, Utah
SEATTLE, April 15, 2013 /PRNewswire/ -- Seattle-based Nordstrom, Inc., (NYSE: JWN) announced today plans to open a Nordstrom Rack at Station Park in Farmington, Utah. The approximately 29,000 square-foot store is expected to open in fall 2013.
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 currently operates two Rack stores and two full-line stores in the greater Salt Lake City area. "Station Park is a fantastic center and we hope this new store will make it more convenient for our customers in the northern suburbs of Salt Lake City to shop with us," said Geevy Thomas, president of Nordstrom Rack. "We are thrilled to give customers another Nordstrom shopping destination."
Station Park is a one million square-foot open-air center offering upscale retail, dining, and entertainment. The center is conveniently located at the intersection of Interstate 15 and Legacy Parkway in the community of Farmington, twenty miles north of Salt Lake City. The new Nordstrom Rack will join a strong mix of tenants at Station Park including Marshalls, Ross, HomeGoods, and H&M, among others.
"CenterCal Properties has long been determined to create one of the finest retail and mixed-use shopping venues in the entire United States here in Farmington, Utah, and with the opening of Nordstrom Rack, we will have brought one of the nation's finest retailers to this great community," stated Fred Bruning, CenterCal Properties' CEO.
About CenterCal Properties, LLC.
In 2004, Fred Bruning and Jean Paul Wardy formed CenterCal Properties, LLC, to develop and acquire fine retail properties throughout the western United States. CenterCal is well-known for building destinations that become the favorite gathering place for communities. CenterCal properties partially include Station Park in Farmington, Utah; BlackHawk Plaza in Danville, California; Bridgeport Village near Portland, Oregon; Cascade Station mixed-used development near Portland's International Airport; Nyberg Woods in West Portland; and new development The Village at Meridian in Meridian, ID. For more information on these and other CenterCal projects visit www.centercal.com.
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 242 stores in 31 states, including 117 full-line stores, 121 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.
CenterCal Properties, LLC
SOURCE Nordstrom, Inc.