Nordstrom Rack to Open at Liberty Tree Mall in Danvers, Mass.
SEATTLE, March 4, 2008 /PRNewswire-FirstCall/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN), a leading fashion specialty retailer, announced today that it will open a 42,500-square-foot Nordstrom Rack at Liberty Tree Mall in Danvers, Mass., in fall 2008.
Nordstrom Rack is the company's off-price retail division offering savings of 30 to 75 percent on apparel, accessories and items for the home for women, men and children, including one of the most extensive collections of name-brand shoes available. Nordstrom Rack carries merchandise from Nordstrom full-line stores and the company's online store at Nordstrom.com, as well as special purchase items.
"We think Liberty Tree is a great location to open our first Boston-area Rack," said Scott Meden, president of Nordstrom Rack. "We're eager to introduce Nordstrom Rack to the community, and we hope that customers will enjoy the outstanding merchandise and savings that we have to offer."
The Nordstrom Rack at Liberty Tree will be the retailer's first Rack store in the Boston area. Nordstrom opened its first full-line store in Massachusetts at Natick Collection in 2007 and will open its second Boston-area store at Burlington Mall on Friday, March 28 at 10:00 a.m.
Liberty Tree Mall is co-anchored by Target, Kohl's, Marshalls, Old Navy, Pier 1 Imports and Best Buy. The Nordstrom Rack will open in part of the site formerly occupied by Stop 'n' Shop grocery store.
Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 157 stores located in 28 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 102 full-line stores, 50 Nordstrom Racks, two Jeffrey boutiques, one freestanding shoe store 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.
MEDIA CONTACT: Nichole Shell
Nordstrom, Inc.
(206) 373-3036
SOURCE Nordstrom, Inc.
03/04/2008
CONTACT: Nichole Shell of Nordstrom, Inc., +1-206-373-3036
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