SEATTLE, June 25,
2024 /PRNewswire/ -- Seattle-based fashion
retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a
new Nordstrom Rack in
Houston in spring 2025.
"We look forward to opening this new location in the
Houston market and continuing to
serve our customers with an amazing offering of great brands at
great prices," said Gemma
Lionello, President of Nordstrom
Rack. "We're excited to grow our footprint in the
Houston market and introduce new
customers to the Nordstrom experience."
Lionello added that in this location "customers will be able to
take advantage of our convenient services such as online order pick
up from both Nordstrom.com and NordstromRack.com, and they can make
returns easily."
The 30,000 square-foot store will be located in Westchase
Shopping Center, a popular shopping center that includes Whole
Foods and Target. Westchase Shopping Center is owned and
managed by Kimco Realty and is ideally located on Westheimer Road
near the Sam Houston Tollway.
"We are delighted that Nordstrom
Rack is joining Westchase Shopping Center," said
Andrew Bell, Vice President of
Leasing for Kimco's Texas Region. "Their iconic brand and
high-quality fashion will be an excellent addition to the offerings
at our center."
Nordstrom Rack is the off-price retail division
of Nordstrom, Inc. and plays a critical role in the
company's Closer to You strategy, which focuses on delivering
customers a more convenient and interconnected experience across
its stores and digital platforms. Nordstrom Rack offers
customers up to 70 percent off on-trend apparel, accessories,
beauty products, home decor and shoes from many of the top brands
sold at Nordstrom stores as well as core services like
online order pickup for Nordstrom.com and NordstromRack.com, easy
returns and alterations at select stores. Nordstrom Rack is the largest source of new
customers to Nordstrom.
In addition to this new location, Nordstrom will also be
opening another two locations in San
Antonio and Houston this
fall. These new locations expand the company's physical footprint
and economic impact in Texas. It
currently operates eight Nordstrom stores and 21 Nordstrom Rack
stores in Texas, generating
approximately 4,000 jobs statewide.
Nordstrom is committed to investing in the diverse communities
where it operates. Over the past four years, Nordstrom, with
its customers, has donated more than $2
million in support of its long-term partnership with Big
Brothers Big Sisters of the United
States. These proceeds support the recruitment, training and
engagement of adult mentors and mentorship moments between Bigs and
Littles, including preparing for an interview, learning to tie a
tie and helping with homework.
About Nordstrom
At Nordstrom, Inc. (NYSE: JWN), we exist to help our
customers feel good and look their best. Since starting as a shoe
store in 1901, how to best serve customers has been at the center
of every decision we make. This heritage of service is the
foundation we're building on as we provide convenience and true
connection for our customers. Our interconnected model enables us
to serve customers when, where and how they want to shop – whether
that's in-store at more than
350 Nordstrom, Nordstrom Local and Nordstrom
Rack locations or digitally through
our Nordstrom and Rack apps and websites.
Through it all, we remain committed to leaving the world
better than we found it.
About Kimco Realty:
Kimco Realty Corp.
(NYSE:KIM) is a real estate investment trust (REIT) and leading
owner and operator of high-quality, open-air, grocery-anchored
shopping centers and mixed-use properties in the United States. The company's portfolio is
strategically concentrated in the first-ring suburbs of the top
major metropolitan markets, including high-barrier-to-entry coastal
markets and rapidly expanding Sun Belt cities. Its tenant mix is
focused on essential, necessity-based goods and services that drive
multiple shopping trips per week. Publicly traded on the NYSE since
1991 and included in the S&P 500 Index, the company has
specialized in shopping center ownership, management, acquisitions,
and value enhancing redevelopment activities for more than 60
years. With a proven commitment to corporate responsibility, Kimco
Realty is a recognized industry leader in this area. As of
Dec. 31, 2023, the company owned
interests in 523 U.S. shopping centers and mixed-use assets
comprising 90 million square feet of gross leasable space. On
Jan. 2, 2024, Kimco Realty closed the
acquisition of RPT, which added 56 open-air shopping centers,
comprising 13.3 million square feet of gross leasable area, to
Kimco's portfolio. For further information, please visit
www.kimcorealty.com, the company's blog at blog.kimcorealty.com, or
follow Kimco on Twitter at www.twitter.com/kimcorealty.
MEDIA CONTACT:
Sepeedeh Hashemian
Nordstrom, Inc.
NordstromPR@Nordstrom.com
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SOURCE Nordstrom, Inc.
