SEATTLE, June 11, 2008 /PRNewswire-FirstCall/ -- Seattle-based Nordstrom, Inc.
(NYSE: JWN), a leading fashion specialty retailer, announced plans to open a
35,000-square-foot Nordstrom Rack at Millenia Crossing in Orlando, Fla. in
spring 2009. This marks the first Nordstrom Rack in the Orlando area and the
second in Florida.
"We think Millenia Crossing is an excellent location for a new Nordstrom
Rack," said Scott Meden, president of Nordstrom Rack. "We're excited to be
part of this great new center and to begin serving customers here."
"Nordstrom Rack will be a great fit with the area's already successful
retail," said Chuck Taylor, senior vice president of Madison Marquette, the
leasing consultant for the center.
Nordstrom Rack is the company's off-price retail division offering savings
of 30 to 75 percent on apparel and accessories for women, men and children,
including one of the most extensive collections of name-brand shoes available.
Nordstrom Rack merchandise is made up of products from Nordstrom full-line
stores and the company's online store at Nordstrom.com, as well as special
purchase items.
Millenia Crossing is the latest retail development around Millenia Mall
and is situated in a highly visible and well-trafficked location. The center
is scheduled to open in 2009. It will be a premier open-air retail destination
with a palm-tree-lined promenade and courtyard. Shoppers at the 100,000
square-foot center will enjoy direct access to the adjacent Ikea and other
retail areas. Developer, E.J. Plesko & Associates, Inc., and leasing
consultant, Madison Marquette, are currently reviewing retail and restaurant
concepts for the center that will complement the new Nordstrom Rack.
Nordstrom currently operates one full-line store in Orlando at The Florida
Mall and seven others across the state. Florida is also home to a Nordstrom
Rack at The Oasis at Sawgrass Mills in Sunrise, Fla. Nordstrom plans to open
its ninth and tenth full-line stores in Florida at Waterside Shops in Naples
on Nov. 7, 2008 and in Sarasota at University Town Center in fall 2010,
respectively.
Millenia Crossing is a 100,000 square foot open-air retail center located
in Orlando, Fla. scheduled to open in spring 2009. The developer, E.J. Plesko
& Associates, Inc., is a privately owned real estate development and
management company founded in 1976. The company is headquartered in Madison,
Wisc. and operates through regional offices in Chicago, Fort Lauderdale,
Minneapolis and Sacramento.
Nordstrom, Inc. is one of the nation's leading fashion specialty
retailers, with 159 stores located in 28 states. Founded in 1901 as a shoe
store in Seattle, today Nordstrom operates 105 full-line stores, 50 Nordstrom
Racks, two Jeffrey boutiques and two clearance stores. Nordstrom also serves
customers through its online presence at http://www.nordstrom.com and through
its catalogs. Nordstrom, Inc. is publicly traded on the NYSE under the symbol
JWN.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001011/NORDLOGO)
MEDIA CONTACTS: Michael Boyd
Nordstrom, Inc.
(206) 373-3038
Jeff Ingram
Ein Communications
(202) 775-0200
SOURCE Nordstrom, Inc.
06/11/2008
CONTACT: Michael Boyd of Nordstrom, Inc., +1-206-373-3038; or Jeff
Ingram of Ein Communications, +1-202-775-0200, for Nordstrom, Inc.
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Web site: http://www.nordstrom.com
