Nordstrom Rack to Open New Location in Allen, TX

Rhea-AI Summary

Nordstrom, Inc (NYSE: JWN) announced the opening of a new Nordstrom Rack store in the Village at Allen, Texas, set for fall 2023. This 29,000 square-foot location aims to enhance customer experiences by providing access to discounted top brands, along with services like online order pickups and returns. With this addition, Nordstrom will operate 19 Rack stores and eight main stores in Texas, reinforcing its Closer to You strategy for greater convenience. The new store is positioned among popular retailers, indicating a thriving retail environment.

Positive

• New Nordstrom Rack store opening in Allen, Texas in fall 2023.
• Strengthens Nordstrom's presence in Texas with a total of 19 Rack stores.
• Store enhances customer experience with easy online order pickups and returns.
• Located in a thriving retail environment alongside major retailers.

Negative

• None.

SEATTLE, Nov. 8, 2022 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) has announced plans to open a new Nordstrom Rack in the fall of 2023. The new store will be located in The Village at Allen in Allen, Texas.

"We look forward to opening this new Nordstrom Rack location in the Allen community, strengthening our network of stores and introducing new customers to Nordstrom Rack's unique product offering," said Carl Jenkins, Senior Vice President of Nordstrom Rack Stores. "In addition to shopping the brands they love at a great price, our customers in Allen can take full advantage of this convenient new location to pick-up online orders and make returns."

The 29,000 square-foot store will be located in The Village at Allen, a popular shopping center that includes Target, Best Buy, PetSmart and Homegoods. The Village at Allen is owned and managed by DLC Management Corp. and is ideally located at the corner of the Central Expressway (US Highway 75) and Stacey Road. With the addition of this new location, Nordstrom will operate 19 Nordstrom Rack stores and eight Nordstrom stores in Texas. The store is scheduled to open in fall 2023.

"We couldn't be more excited to bring Nordstrom Rack to The Village at Allen. The existing retail mix is thriving at the property, and the addition of Nordstrom Rack further validates why The Village at Allen is one of the premier value retail destinations in the country," said Chris Ressa, Executive Vice President & COO of DLC Management Co.

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.

Nordstrom is committed to giving back to the diverse communities where it operates. Since 2019 along with its customers, Nordstrom has donated more than $1.5 million in support of its long-term partnership with Big Brothers Big Sisters of the United States and Canada. 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 digital-first platform 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 Nordstrom Rack apps and websites. Through it all, we remain committed to leaving the world better than we found it.

About DLC Management Corp.

A company driven by a strong culture and entrepreneurial foundation, DLC Management Corp. has grown to be one of the nation's largest and most sought-after privately held owners, operators and managers of open-air retail shopping centers. DLC has expertise in acquisitions, new developments, redevelopments, leasing and management.

MEDIA CONTACT: 
Caroline Mattingly
Nordstrom, Inc.
NordstromPR@Nordstrom.com 

 

 

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SOURCE Nordstrom, Inc.

FAQ

When is the new Nordstrom Rack store opening in Allen, Texas?

The new Nordstrom Rack store is scheduled to open in fall 2023.

What is the size of the new Nordstrom Rack store in The Village at Allen?

The new Nordstrom Rack store will be 29,000 square feet.

How many Nordstrom Rack stores will be in Texas after the new store opens?

After the new store opens, Nordstrom will operate 19 Nordstrom Rack stores in Texas.

What services will the new Nordstrom Rack location provide?

The new location will offer access to discounted brands, online order pickups, and returns.