SEATTLE, March 24, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a new Nordstrom Rack at District Center in Washington D.C. The approximately 37,000 square-foot, two-level store is scheduled to open in fall 2016.
Located in the heart of Washington D.C. at 555 12th Street Northwest, the new Rack is just a few minutes' walk from several Metro Stations, popular tourist destinations including the White House, National Mall, International Spy Museum, Madame Tussaud's and Ford's Theatre, as well as a strong mix of retailers including Macy's, H&M, Zara and T.J.Maxx.
"We are excited to have the opportunity to open this location in downtown Washington D.C., an area with great retail, historic and cultural activities, hotels and restaurants," said Geevy Thomas, president of Nordstrom Rack. "We look forward to opening our doors and hope this new location will allow us to better serve customers in the area."
Nordstrom Rack is the off-price retail division of Nordstrom, Inc., offering customers a wide selection of on-trend apparel, accessories and shoes at an everyday savings of 30-70 percent off regular prices. Nordstrom Rack merchandise, available at Rack stores and at Nordstromrack.com, comes from Nordstrom stores, Nordstrom.com as well as specially purchased items from many of the top brands available at Nordstrom. The Rack is designed to provide the ultimate treasure hunt to style-savvy customers.
"MetLife and its partners are thrilled to have Nordstrom Rack join us at District Center," said Jessica Schoen of MetLife Investment Management. "We believe Nordstrom Rack's presence will offer a valuable amenity to the occupants of 555 12th Street and also measurably improve the retail offerings for residents of the District of Columbia."
Nordstrom operates seven full-line stores in the Washington D.C./Baltimore area, with the closest Nordstrom located at The Fashion Centre at Pentagon City. The new Rack will be the retailer's 13th Nordstrom Rack in Washington D.C./Baltimore area having first opened in the area at Potomac Mills in Woodbridge, Virginia in 1990.
Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 326 stores in 39 states, including 121 full-line stores in the United States, Canada and Puerto Rico; 197 Nordstrom Rack stores; two Jeffrey boutiques; and one clearance store. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its five clubhouses. Nordstrom, Inc.'s common stock is publicly traded on the NYSE under the symbol JWN.
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.
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SOURCE Nordstrom, Inc.