SEATTLE, Jan. 21, 2015 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) today announced plans to open a Nordstrom Rack at Palladio at Broadstone in Folsom, Calif. The 33,000-square-foot store is scheduled to open in spring 2016.
The new Rack will join anchor tenants Whole Foods, Sport's Authority and H&M along with a 16-screen movie theater and other specialty retailers and restaurants such as Chico's, Gymboree, Victoria's Secret, Starbucks, Red Robin and Pinkberry.
"We're excited to be a part of this terrific location that will enable us to bring customers in Folsom many of their favorite Nordstrom brands at great prices," said Geevy Thomas, president of Nordstrom Rack. "This additional location will be more convenient for those who have been making the drive to shop our stores in Roseville and Sacramento."
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. The Rack carries merchandise from Nordstrom stores and Nordstrom.com, as well as specially purchased items from many of the top brands sold at Nordstrom. The Rack is designed to provide the ultimate treasure hunt to style-savvy customers.
This will be the third Rack in Sacramento County along with a store at Howe 'Bout Arden Center in Sacramento and the Rack at Creekside Town Center in Roseville. The company also serves customers with two full-line stores in the area at Nordstrom Arden Fair and the Galleria at Roseville.
"Palladio has made many new retailer announcements this past year, but announcing Nordstrom Rack is not only fabulous, it fulfills a daily request we receive from our customers. It also continues to show the viability of Folsom and the surrounding area," comments Gloria Wright, Palladio's general manager.
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 292 stores in 38 states, including 116 full-line stores in the United States and one in Canada; 167 Nordstrom Racks; two Jeffrey boutiques; and one clearance store. Nordstrom also serves customers online through Nordstrom.com, Nordstromrack.com and private sale site HauteLook. The company also owns Trunk Club, a personalized clothing service that takes care of customers online at TrunkClub.com and its five showrooms. Nordstrom, Inc.'s common stock is publicly traded on the NYSE under the symbol JWN.
About Palladio at Broadstone
Palladio at Broadstone in Folsom, California is an open air mall that is the favorite destination for those seeking a great experience in shopping, dining and entertainment. Retailers include Whole Foods, Victoria's Secret, H&M, Palladio 16 Movie Theaters, Red Robin Gourmet Burgers, White House Black Market, Chico's, Charming Charlie and more. For more information on Palladio at Broadstone, please visit www.goPalladio.com
Palladio at Broadstone
SOURCE Nordstrom, Inc.