SEATTLE, Dec. 1, 2016 /PRNewswire/ -- Seattle-based
Nordstrom, Inc. (NYSE: JWN) announced today plans to open Nordstrom
Rack at Chimney Rock Crossing in Bridgewater, New Jersey. The approximately
36,000-square-foot store is scheduled to open in 2018. The property
is owned by Regency Centers.
When the new store opens, it will be the eighth Rack in
New Jersey. The company also
operates five full line locations at The Mall at Short Hills, Garden State Plaza, Freehold
Raceway Mall, Menlo Park and
Cherry Hill.
"We look forward to expanding our presence in New Jersey and offering customers in
Bridgewater a more convenient
location to shop," said Geevy Thomas, president of Nordstrom Rack. "Nordstrom Rack Chimney Rock
Crossing will offer the great brands our customers have come to
expect at great Rack prices."
Nordstrom Rack will join Saks Off
Fifth, Whole Foods, Container Store and more. Chimney Rock Crossing
is conveniently located just off of Route 22.
"Our retailers are a big part of what is going to make Chimney
Rock special," said Jack deVilliers, Vice President of investments
for Regency Centers. "Nordstrom Rack
is a top-tier operator whose presence will fit the needs and wants
of the surrounding community, while enhancing the center's
merchandising strategy as a whole. We are proud to have them as a
part of our development."
Nordstrom Rack is the off-price
retail division of Nordstrom, Inc., offering customers a wide
selection of on-trend apparel, accessories and shoes at an everyday
savings of 30 to 70 percent off regular prices. The Rack carries
merchandise from Nordstrom stores and Nordstrom.com, as well as
specially purchased items from many of the top brands sold at
Nordstrom. The Rack is designed to provide the ultimate treasure
hunt to style-savvy customers.
About Nordstrom
Nordstrom, Inc. is a leading fashion
specialty retailer based in the U.S. Founded in 1901 as a shoe
store in Seattle, today Nordstrom
operates 349 stores in 40 states, including 123 full-line stores in
the United States, Canada and Puerto
Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and
two clearance stores. Additionally, customers are served online
through Nordstrom.com, Nordstromrack.com and HauteLook. The company
also owns Trunk Club, a personalized clothing service serving
customers online at TrunkClub.com and its seven clubhouses.
Nordstrom, Inc.'s common stock is publicly traded on the NYSE under
the symbol JWN.
About Regency Centers Corporation
With more than 50
years of experience, Regency is the preeminent national owner,
operator and developer of high quality, grocery anchored
neighborhood and community shopping centers. The Company's
portfolio of 307 retail properties encompasses over 42.1 million
square feet located in top markets throughout the United States, including co-investment
partnerships. Regency has developed 223 shopping centers since
2000, representing an investment at completion of more than
$3 billion. Operating as a fully
integrated real estate company, Regency is a qualified real estate
investment trust that is self-administered and self-managed.
MEDIA CONTACT:
Jessica Canfield
Nordstrom, Inc.
(206) 303-4250
jessica.canfield@nordstrom.com
Eric Davidson
Regency Centers
904-598-7829
ericdavidson@regencycenters.com
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SOURCE Nordstrom, Inc.