SEATTLE, March 31, 2011 /PRNewswire via COMTEX/ --
Seattle-based Nordstrom, Inc. today announced plans to open a Nordstrom Rack in Boise, Idaho. The 37,000 square-foot store will be part of the Boise Towne Plaza shopping center and is expected to open spring 2012.
"We are very excited about bringing a Nordstrom Rack to Boise," said Geevy Thomas, president of Nordstrom Rack. "We are fortunate to have many longtime customers in Idaho and we are thrilled to be moving forward with a store. GGP is a great partner of ours and we look forward to serving our customers when we open our doors next spring at Boise Towne Plaza."
Nordstrom Rack will be joining other retailers at the center such as Old Navy, Famous Footwear and Men's Wearhouse. Boise Towne Plaza is conveniently located off I-84 and is situated next to Boise Towne Square, Idaho's largest shopping center with over 180 stores and restaurants. Both centers are owned and managed by General Growth Properties.
"To add Nordstrom Rack to the retail line-up at Boise Towne Plaza only further solidifies our commitment to provide the best retail options.We are excited to have Nordstrom Rack right here in Boise and hope their addition will make it more convenient for customers to find great values on great brands," said Richard Pesin, executive vice president, General Growth Properties.
About Nordstrom Rack:
Nordstrom Rack, a unit of the company's off-price retail division, carries merchandise from Nordstrom stores and Nordstrom.com at 50-60% 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 and purchased specially for Nordstrom Rack, with most at savings of 30-70% off.
Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 209 stores located in 28 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 115 full-line stores, 91 Nordstrom Racks, two Jeffrey boutiques and one clearance store. Nordstrom serves customers through its online presence at Nordstrom.com and through its catalogs. Nordstrom also 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.
General Growth Properties has ownership and management interest in more than 170 regional and super regional shopping malls in 43 states. The Company portfolio totals 174 million square feet of retail space. A publicly-traded real estate investment trust (REIT), GGP is listed on the New York Stock Exchange under the symbol GGP.
General Growth Properties
SOURCE Nordstrom, Inc.