Nordstrom Rack To Open In Millbury, Mass.
SEATTLE, April 24, 2013 /PRNewswire/ -- Seattle-based Nordstrom, Inc., (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Shoppes at Blackstone Valley in Millbury, Mass. The approximately 33,000-square-foot store is scheduled 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.
"We're excited to have found this terrific location that will enable us to bring the Rack treasure hunt experience to our customers in Millbury and throughout greater Central Massachusetts," said Geevy Thomas, president of Nordstrom Rack. "We look forward to getting our doors open and serving more of our New England customers."
The Shoppes at Blackstone Valley is an 800,000-square-foot center with a strong mix of tenants including Target, Kohl's, Sephora, Banana Republic, and Marshalls, among others. The new Rack store will occupy the former Wine Nation space.
"WS Development is thrilled to welcome Nordstrom Rack. Since the grand opening in 2003, The Shoppes at Blackstone Valley has continued to deliver a premium shopping destination to the expansive Central Massachusetts trade area reaching as far south as Rhode Island. Rack is a key addition to the merchandising of the center and will continue to advance the super-regional draw the property delivers to our existing tenants while best serving the ever growing trade area," said Michael McNaughton, SVP at WS Development.
Nordstrom first came to Massachusetts in 2007 with the opening of its Natick full-line store, and went on to open three more full-line and four Racks, including the recent addition of a new Rack store located just off Newbury Street in Boston's Back Bay.
About WS Development
Owner and operators of The Shoppes at Blackstone Valley, WS Development is one of the largest privately owned retail development firms in the country. Based in Chestnut Hill, MA, WS Development has been a leader in the acquisition, development, management, and redevelopment of retail and mixed-use properties since 1981. Its portfolio consists of more than 80 properties totaling nearly 20 million square feet of retail space. For more information, visit www.wsdevelopment.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 245 stores in 31 states, including 117 full-line stores, 124 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.
SOURCE Nordstrom, Inc.