SEATTLE, May 31, 2012 /PRNewswire/ -- Seattle-based Nordstrom, Inc., (NYSE: JWN) announced today plans to open a new Nordstrom Rack in the East Bay Area. The approximately 47,000-square-foot store is scheduled to open during spring 2013 next to Sunvalley Shopping Center in Concord, Calif.
Nordstrom Rack is the off-price retail division of Nordstrom, Inc., carrying on-trend merchandise from Nordstrom stores and Nordstrom.com at 50 to 60 percent 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. These items are purchased specially for Nordstrom Rack, with most at savings of 30 to 70 percent off.
The new Nordstrom Rack will be located in a freestanding building adjacent to Sunvalley Shopping Center, just five miles north of the retailer's full-line store in Walnut Creek at the intersection of I-680, Hwy 242 and Contra Costa Blvd. Sunvalley Shopping Center is anchored by Macy's, JC Penney and Sears, and owned and operated by Taubman Centers, Inc.
"We're fortunate to have many loyal customers living in the East Bay Area and hope this new location will help us better serve them," said Geevy Thomas, president of Nordstrom Rack. "Sunvalley Shopping Center is a terrific location and we are looking forward to getting our doors open next spring." Nordstrom also operates Rack stores in San Leandro and Fremont.
"We believe that Nordstrom Rack will be a wonderful compliment to the dynamic merchant mix that currently exists here," said Michael Fenley, Sunvalley General Manager. "The combination of value and fashion that they offer is clearly something that Sunvalley customers will find very exciting."
About Sunvalley Shopping Center
Sunvalley Shopping Center is located at I-680 and Willow Pass Rd. in Concord and features Macy's, JCPenney, Sears and more than 170 shops and services. For hours and more information, visit www.shopsunvalley.com or call 925-825-2042.
Nordstrom, Inc. is one of the nation's leading fashion specialty retailers. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 231 stores in 31 states, including 117 full-line stores, 110 Nordstrom Racks, two Jeffrey boutiques, one treasure&bond store and one clearance store. Nordstrom also serves customers through Nordstrom.com and through its catalogs. Additionally, the Company 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.
Kendall Ault Nordstrom, Inc.
SOURCE Nordstrom, Inc.