SEATTLE, June 18,
2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom,
Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Tarzana, California in fall 2024.
"We look forward to being a part of the Tarzana community and serving 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 Los
Angeles 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 25,000 square-foot store will be located in Village Walk, a
popular shopping center that includes a LA Fitness, among other
prominent retailers. Village Walk is managed by Chicago-based Pine Tree and ideally located
off Ventura Boulevard in Tarzana.
"We could not be more excited to welcome Nordstrom Rack to Village Walk's strong lineup
of retailers," said Michael Slusky,
EVP, Director of Leasing for Pine Tree. "The addition of
Nordstrom Rack will offer consumers
high quality items at a great value, further enhancing the shopping
center's offerings and cementing its place as an essential retail
destination within the community."
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, home 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.
With the addition of this new location, Nordstrom expands its
physical footprint and economic impact in California. The company currently operates 26
Nordstrom stores and 65 Nordstrom Rack stores in California, generating approximately 14,000
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 Pine Tree:
Pine Tree is a Chicago-based
vertically integrated retail real estate company. Founded in 1995,
the company currently owns or operates nearly $2.5B and 12 million square feet of open-air
retail across the United States.
Pine Tree has offices in Chicago,
Los Angeles, and Atlanta.
MEDIA CONTACT:
Sepeedeh Hashemian
Nordstrom, Inc.
NordstromPR@Nordstrom.com
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SOURCE Nordstrom, Inc.