2014 News Releases

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08/20/2014Nordstrom Board of Directors Approves Quarterly Dividend
SEATTLE--(BUSINESS WIRE)--Aug. 20, 2014-- Nordstrom, Inc. (NYSE: JWN) announced today that its board of directors approved a quarterly dividend of 33 cents per share payable on September 17, 2014 to shareholders of record at the close of business on September 2, 2014. The quarterly dividend is unchanged when compared to the previous quarter’s dividend and represents an increase of 10 percent when compared to the dividend in September 2013. ... 
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08/20/2014Nordstrom Rack to Open in Springfield, Va.
SEATTLE, Aug. 20, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Springfield Town Center in Springfield, Va. The approximately 33,000-square-foot store is scheduled to open in spring 2015. Located at the intersection of I-95, I-395 and the Capital Beltway, the new Nordstrom Rack is part of a total renovation and redevelopment effort that will bring in new retailers, restaurants and entertainment to Springfield Town Center. C... 
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08/20/2014Nordstrom Rack To Open In Rockaway New Jersey
SEATTLE, Aug. 20, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Rockaway Commons in Rockaway, N.J. The approximately 38,785-square-foot store is scheduled to open in fall 2015. The property is owned and managed by Washington Prime Group. Rockaway Commons is part of the larger retail complex at Rockaway Townsquare. It is located on the south side of Interstate 80 between State Highway 15 and Mt. Hope Ave. The new Rack will jo... 
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08/18/2014Sarah Jessica Parker's SJP Collection Available in Five Additional Nordstrom Stores for Fall 2014
Nordstrom-exclusive collection includes riding boots, pumps, and new handbags SEATTLE, Aug. 18, 2014 /PRNewswire/ -- Nordstrom, Inc. announced that five additional Nordstrom stores will carry Sarah Jessica Parker's eponymous collection of shoes and handbags this fall. SJP Collection, launched in February 2014 exclusively with the retailer, will be available at Nordstrom Bellevue Square in Bellevue, Wash; Old Orchard in Skokie, Ill.; Fashion Island in Newport Beach, Calif.; Somerset Collecti... 
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08/14/2014Nordstrom Second Quarter 2014 Earnings in Line with Expectations
Acquisition of Trunk Club Expected to Close in the Third Quarter SEATTLE--(BUSINESS WIRE)--Aug. 14, 2014-- Nordstrom, Inc. (NYSE: JWN) today reported earnings per diluted share of $0.95 for the second quarter ended August 2, 2014, compared with earnings per diluted share of $0.93 for the second quarter ended August 3, 2013. Total Company net sales of $3.3 billion for the second quarter increased 6.2 percent compared with net sales of $3.1 billion dur... 
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08/11/2014Nordstrom Launches Give-Back Brand Treasure&Bond
Five percent of net profits will support nonprofits that empower women and girls SEATTLE, Aug. 11, 2014 /PRNewswire/ -- Today, Nordstrom announced the launch of the company's first-ever private label give-back brand, Treasure&Bond, which will be available in the TBD department at 86 stores around the country and on nordstrom.com. Drawing from classic wardrobe staples – think washed denim, soft plaid shirts, tees and moto jackets – Treasure&Bond offers customers an updated, lived-in ... 
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07/31/2014Nordstrom To Acquire Trunk Club, A Leading Personalized Clothing Service For Men
SEATTLE, July 31, 2014 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced today it has entered into an agreement to acquire Trunk Club, a personalized clothing service for men. The men's market is one of the fastest growing and most rapidly changing segments in retail, and Trunk Club has created a unique approach to capture the imagination of an under-served customer. They deliver a stylist service that combines the convenience of online with a high-touch, personalized shopping experience. Th... 
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07/31/2014Nordstrom to Report Second Quarter 2014 Financial Results on August 14
SEATTLE--(BUSINESS WIRE)--Jul. 31, 2014-- Nordstrom, Inc. (NYSE: JWN) announced today that it will report its second quarter 2014 financial results after the close of the financial markets on Thursday, August 14, 2014. The announcement will be followed by a conference call at 4:45 p.m. Eastern Daylight Time, in which senior management will comment on the company’s second quarter financial results and 2014 outlook. The 45-minute conference call will be ... 
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07/30/2014Nordstrom Rack To Open In Laguna Niguel, Calif.
SEATTLE, July 30, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Center at Rancho Niguel in Laguna Niguel, Calif. The approximately 29,500-square-foot store is scheduled to open in spring 2015. The property is owned and managed by Buie Stoddard Group. The new Rack will move into a space formerly occupied by Loehmann's and join tenants such as Ethan Allen, BevMo! and Thomasville Furniture. The center is located on the west... 
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07/30/2014Nordstrom Rack To Open In Staten Island, N.Y.
SEATTLE, July 30, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at the Empire Outlets in Staten Island, N.Y. The approximately 34,000-square-foot store is scheduled to open in fall 2016. The property is being developed by BFC Partners. The newly built, two-level Rack will be a part of roughly 100 retailers going into the one-million-square-foot waterfront development within the St. George neighborhood of Staten Island. The... 
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07/16/2014Nordstrom Rack To Open In St. Louis Park, Minn.
SEATTLE, July 16, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Shops at Knollwood in St. Louis Park, Minn. The approximately 33,000-square-foot store is scheduled to open in spring 2015. The property is owned and managed by Rouse Properties Inc. 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 30-7... 
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07/10/2014Nordstrom To Close Florida Mall Store In Orlando, Florida
ORLANDO, Fla., July 10, 2014 /PRNewswire/ -- Nordstrom today announced plans to close its Florida Mall Store in Orlando, Florida. Originally opened in 2002, the store will serve customers through August 16, 2014. "We never like to close a store because we create such great relationships with our customers and employees – and over the past 12 years we've certainly done that here at our Florida Mall store," said Jamie Nordstrom, president of stores for the company. "Our lease for the store is ... 
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05/29/2014Nordstrom Rack To Open In Emeryville, Calif.
SEATTLE, May 29, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to further expand in the Bay Area with the addition of a Nordstrom Rack in Emeryville, Calif. at the East Bay Bridge Shopping Center. The approximately 38,000-square-foot store is scheduled to open in fall 2015. The property is owned and managed by Federal Realty Investment Trust. "We've been focused on growing our store presence throughout northern California and are fortunate to have many ... 
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05/21/2014Nordstrom Rack To Open In Buffalo, N.Y.
SEATTLE, May 21, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Boulevard Consumer Square in Buffalo, N.Y. The approximately 35,000-square-foot store is scheduled to open in fall 2015. The property is owned and managed by Benderson Development Company. "It's important that we look for ways to serve our customers more conveniently and we're excited for the opportunity to open a Nordstrom Rack in the Buffalo community," said Geev... 
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05/20/2014Erik Nordstrom and Jamie Nordstrom Exchange Roles in Nordstrom Multi-Channel Business
SEATTLE, May 20, 2014 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced today that two executive team members, Erik Nordstrom and Jamie Nordstrom, are exchanging roles to further strengthen the company's core commitment to improving the customer experience. Erik Nordstrom, formerly president of stores, will now be president of Nordstrom Direct. Jamie Nordstrom, formerly president of Nordstrom Direct, will now be president of stores. Erik will continue to sit on the Nordstrom Board of Directo... 
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05/15/2014Nordstrom First Quarter 2014 Earnings Exceed Outlook
Seeks Financial Partner for its Credit Card Receivables SEATTLE--(BUSINESS WIRE)--May 15, 2014-- Nordstrom, Inc. (NYSE: JWN) today reported earnings per diluted share of $0.72 for the first quarter ended May 3, 2014, which exceeded the Company’s prior outlook of $0.60 to $0.70. The Company continued its progress in executing its customer strategy while maintaining disciplined execution around inventory and expenses. Nordstrom also anno... 
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05/07/2014Nordstrom Board of Directors Approves Quarterly Dividend
SEATTLE--(BUSINESS WIRE)--May 7, 2014-- Nordstrom, Inc. (NYSE: JWN) announced today that its board of directors approved a quarterly dividend of 33 cents per share payable on June 13, 2014 to shareholders of record at the close of business on May 30, 2014. About Nordstrom 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 270 store... 
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05/05/2014Nordstrom Rack Launches An Integrated Online And Mobile Shopping Site
SEATTLE, May 5, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc., (NYSE: JWN) has launched nordstromrack.com, a new e-commerce site and mobile app, built on a shared platform with HauteLook, Nordstrom's flash sale business. The new site gives customers access to shop Nordstrom Rack merchandise alongside HauteLook flash sale events. The site experience is designed to offer an integrated way for customers to browse and buy merchandise either through a persistent Nordstrom Rack offering of on... 
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05/01/2014Nordstrom to Report First Quarter 2014 Financial Results on May 15
SEATTLE--(BUSINESS WIRE)--May 1, 2014-- Nordstrom, Inc. (NYSE: JWN) announced today that it will report its first quarter 2014 financial results after the close of the financial markets on Thursday, May 15, 2014. The announcement will be followed by a conference call at 4:45 p.m. Eastern Daylight Time, in which senior management will comment on the company’s first quarter financial results and 2014 outlook. The 45-minute conference call will be avai... 
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04/24/2014Nordstrom Rack To Open In Albuquerque
SEATTLE, April 24, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Winrock Town Center in Albuquerque, N.M. The approximately 33,500-square-foot store is scheduled to open in fall 2015. The new Nordstrom Rack will be the company's first retail location in New Mexico. "We've long heard from customers in New Mexico that they'd love to have a Nordstrom offering and we're thrilled to bring a Nordstrom Rack to Albuquerque," said Geev... 
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04/22/2014Nordstrom Rack Grows Store Presence In Utah
SEATTLE, April 22, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at University Crossing in Orem, Utah. The approximately 30,000-square-foot store is scheduled to open in spring 2015. University Crossing is owned and managed by University Crossing Shopping Center, LLC, a Delaware limited liability company. "We're excited about the opportunity to bring a Nordstrom Rack to University Crossing," said Geevy Thomas, president of Nords... 
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04/17/2014Nordstrom To Relocate Westfield UTC Store
SEATTLE, April 17, 2014 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today announced plans to relocate its full-line store to a new space within Westfield UTC in San Diego, Calif. The new two-level, approximately 145,000-square-foot store is expected to open in 2017. Nordstrom will continue serving customers at its current location until it relocates. This relocation is part of UTC's resort-inspired evolution, which also includes additional mall space and structured parking. Nordstrom will be... 
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04/09/2014Nordstrom Rack To Open In Redlands
SEATTLE, April 9, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Mountain Grove adjacent to Citrus Plaza in Redlands, Calif. The approximately 35,000-square-foot store is scheduled to open in spring 2015. Mountain Grove is owned and managed by Majestic Realty Co. 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 sa... 
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04/08/2014Nordstrom Rack To Open In Bakersfield, Calif.
SEATTLE, April 8, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Shops at River Walk in Bakersfield, Calif. The approximately 35,000-square-foot store is scheduled to open in spring 2015. The property is being developed by Castle & Cooke, Inc. 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 ... 
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03/12/2014Nordstrom Rack To Open In Anchorage
SEATTLE, March 12, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Mall at Sears in Anchorage, Alaska. The approximately 35,000-square-foot store is scheduled to open in fall 2015. The Rack location at The Mall at Sears is a development by Seritage Realty Trust, a division of Sears Holdings Corporation.  Nordstrom Rack is the off-price retail division of Nordstrom, Inc., offering customers a wide selection of on-trend appar... 
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03/05/2014Nordstrom to Open a Full-line Store at The Domain
SEATTLE, March 5, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) today announced plans to open a full-line store at The Domain in Austin, Texas. The two-level, approximately 123,000 square-foot store is scheduled to open in fall 2016 and will be the company's second full-line store serving the greater Austin area. The Domain is owned and operated by Endeavor Real Estate Group. "We are humbled by the support we've received from our customers in Austin since we first entered th... 
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02/26/2014Nordstrom Board of Directors Increases Its Regular Quarterly Dividend
SEATTLE--(BUSINESS WIRE)--Feb. 26, 2014-- Nordstrom, Inc. (NYSE: JWN) announced today that its board of directors approved a quarterly dividend of 33 cents per share, an increase of 10% over the previous quarter’s dividend, payable on March 25, 2014 to shareholders of record at the close of business on March 10, 2014. About Nordstrom Nordstrom, Inc. is one of the leading fashion specialty retailers based in the U.S. Founded ... 
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02/20/2014Nordstrom Reports Fourth Quarter and Fiscal Year 2013 Earnings
Achieves Record Sales and EPS for the Year SEATTLE--(BUSINESS WIRE)--Feb. 20, 2014-- Nordstrom, Inc. (NYSE: JWN) today reported fiscal 2013 earnings per diluted share of $3.71, which exceeded the Company’s full-year outlook of $3.65 to $3.70. The Company continued to make progress in executing its customer strategy through its investments to drive growth across channels, while maintaining disciplined execution around inventory and expenses. ... 
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02/19/2014Nordstrom Rack To Open In Reno
SEATTLE, Feb. 19, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Redfield Promenade in Reno, Nev. The store, approximately 31,000-square-foot in size, is scheduled to open in spring 2015. Redfield Promenade is owned and operated by Kimco Realty Corp.  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... 
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02/06/2014Nordstrom to Report Fourth Quarter 2013 Financial Results on February 20
SEATTLE--(BUSINESS WIRE)--Feb. 6, 2014-- Nordstrom, Inc. (NYSE: JWN) announced today that it will report its fourth quarter 2013 financial results after the close of the financial markets on Thursday, February 20, 2014. The announcement will be followed by a conference call at 4:45 p.m. Eastern Standard Time, in which senior management will comment on the company’s fourth quarter financial results and 2014 outlook. The 45-minute conference call will ... 
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02/05/2014Nordstrom To Close Lloyd Center Mall Store In Portland, Ore., And Vancouver Mall Store In Vancouver, Wash.
PORTLAND, Ore. and VANCOUVER, Wash., Feb. 5, 2014 /PRNewswire/ -- Nordstrom today announced plans to close its Lloyd Center Mall store in Portland, Ore., and its Vancouver Mall store in Vancouver, Wash. The company intends to close the Lloyd Center store where it has been doing business since 1960, around January 2015. Originally opened in 1977, the Vancouver Mall store will close to the public in January 2015. "This was a tough decision to make because we've been doing business at Lloyd Cen... 
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02/05/2014Nordstrom Rack to Open First Store in Delaware
SEATTLE, Feb. 5, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Christiana Fashion Center in Newark, Del. The approximately 35,000-square-foot store is scheduled to open in fall 2015. Christiana Fashion Center is owned and operated by Allied Retail Properties. 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 ... 
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02/05/2014Nordstrom Rack To Open In Princeton
SEATTLE, Feb. 5, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Mercer Mall near Princeton, N.J. The approximately 35,000-square-foot store is scheduled to open in spring 2015. Mercer Mall is owned and managed by Federal Realty Investment Trust. 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 perce... 
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02/03/2014Nordstrom Announces Relocation Of Store At Ala Moana Center
SEATTLE, Feb. 3, 2014 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today announced plans to relocate its full-line store to a new space within Ala Moana Center, one of Honolulu's premier shopping destinations. The new three-level, approximately 186,000-square-foot store is expected to open spring 2016. Nordstrom will continue serving customers at its current location until it relocates. This relocation is part of Ala Moana Center's redevelopment project which includes additional mall space, u... 
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01/21/2014Nordstrom Rack To Open In Columbia
SEATTLE, Jan. 21, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Harbison Court in Columbia, S.C. The approximately 34,000-square-foot store is scheduled to open in fall 2014. Harbison Court is owned and managed by DDR Corp. (NYSE: DDR). 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 re... 
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01/21/2014Nordstrom Rack To Open In Madison
SEATTLE, Jan. 21, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at West Towne Crossing, a power center adjacent to the West Towne Mall in Madison, Wis. The approximately 30,750-square-foot store is scheduled to open in fall 2014. West Towne Mall and West Towne Crossing are owned and managed by CBL & Associates Properties, Inc. (NYSE: CBL). Nordstrom Rack is the off-price retail division of Nordstrom, Inc., offering customers ... 
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01/21/2014Nordstrom To Open Fulfillment Center In Elizabethtown, Pa.
SEATTLE, Jan. 21, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open its third fulfillment center at Conewago Industrial Park in Elizabethtown, Pa. The approximately 672,000-square-foot building, with an additional 470,000-square foot mezzanine, is scheduled to open in summer 2015. In its first three years, the new fulfillment center will offer nearly 400 full-time positions and additional opportunities for part-time and seasonal roles. In the future, No... 
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01/15/2014Nordstrom to open at Toronto Eaton Centre
SEATTLE, WA, Jan. 15, 2014 /PRNewswire/ - Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a full-line store in the heart of downtown Toronto at Toronto Eaton Centre, one of Canada's most iconic and best-known retail shopping destinations. Construction of the approximately 213,000 square-foot, three-level store is set to begin in March 2014, with the store opening slated for fall 2016. Toronto Eaton Centre is owned and managed by The Cadillac Fairview Corporation... 
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01/09/2014Nordstrom Rack To Open In Dayton
SEATTLE, Jan. 9, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Greene Town Center in Dayton, Ohio. The approximately 35,000-square-foot store is scheduled to open in fall 2014. The Greene is managed by Olshan Properties, formerly known as MPI, Mall Properties, Inc. 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 everyda... 
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01/07/2014Nordstrom Rack To Open In Brandon
SEATTLE, Jan. 7, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Lake Brandon Plaza in Brandon, Fla. The approximately 32,700-square-foot store is scheduled to open in fall 2014. Lake Brandon Plaza is owned and managed by DDR Corp. (NYSE: DDR). 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... 
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01/07/2014Nordstrom Rack To Open In Queens, N.Y.
SEATTLE, Jan. 7, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc., (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Shops at SkyView Center in Queens, N.Y. The approximately 39,000-square-foot, two-level store is scheduled to open in fall 2014. The developer for the project is Onex Real Estate Partners. 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... 
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01/02/2014Nordstrom, Inc. Announces Expiration and Results of Exchange Offer
SEATTLE--(BUSINESS WIRE)--Jan. 2, 2014-- Nordstrom, Inc. (NYSE:JWN) (the “Company”) announced today the expiration and results of its offer to eligible holders to exchange its outstanding 7.00% Senior Notes due 2038 (the “old notes”) held by them for up to $300,000,000 of its newly-issued 5.00% Senior Notes due 2044 (the “new notes”), the complete terms and conditions of which were set forth in a confidential offering memorandum dated December 3, 2013 (t... 
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