STOCK TITAN

Nordstrom Rack to Open New Location in Meridian, Idaho

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Nordstrom (NYSE: JWN) announced plans to open a new Nordstrom Rack store in Meridian, Idaho in fall 2025. The 25,000-square-foot store will be located in The Village at Meridian shopping center. The new location will offer up to 70% off on retail items and provide services including online order pickup from Nordstrom.com and NordstromRack.com. This expansion aligns with the company's Closer to You strategy, focusing on delivering a more interconnected experience across stores and digital platforms. The store will join other retailers like Lego, Evereve, Warby Parker, and Brandy Melville in the shopping center.

Nordstrom (NYSE: JWN) ha annunciato piani per aprire un nuovo negozio Nordstrom Rack a Meridian, Idaho, nell'autunno del 2025. Il negozio, di 25.000 piedi quadrati, sarà situato nel centro commerciale The Village at Meridian. La nuova location offrirà sconti fino al 70% su articoli al dettaglio e fornirà servizi come il ritiro degli ordini online da Nordstrom.com e NordstromRack.com. Questa espansione si allinea con la strategia dell'azienda Closer to You, che si concentra sul fornire un'esperienza più interconnessa tra negozi e piattaforme digitali. Il negozio si unirà ad altri rivenditori come Lego, Evereve, Warby Parker e Brandy Melville nel centro commerciale.

Nordstrom (NYSE: JWN) anunció planes para abrir una nueva tienda Nordstrom Rack en Meridian, Idaho, en otoño de 2025. La tienda de 25,000 pies cuadrados estará ubicada en el centro comercial The Village at Meridian. La nueva ubicación ofrecerá descuentos de hasta el 70% en artículos de retail y proporcionará servicios como la recogida de pedidos en línea desde Nordstrom.com y NordstromRack.com. Esta expansión está en línea con la estrategia Closer to You de la empresa, que se enfoca en ofrecer una experiencia más interconectada entre tiendas y plataformas digitales. La tienda se unirá a otros minoristas como Lego, Evereve, Warby Parker y Brandy Melville en el centro comercial.

노드스트롬 (NYSE: JWN)은 2025년 가을 아이다호주 메리디안에 새로운 노드스트롬 랙 매장을 열 계획을 발표했습니다. 25,000제곱피트 크기의 매장은 The Village at Meridian 쇼핑 센터에 위치할 것입니다. 새로운 매장은 소매품에서 최대 70% 할인된 가격을 제공하며, Nordstrom.com 및 NordstromRack.com에서의 온라인 주문 픽업 서비스도 제공합니다. 이러한 확장은 매장과 디지털 플랫폼 간의 보다 연결된 경험을 제공하는 Closer to You 전략과 일치합니다. 이 매장은 레고, 에버이브, 워비 파커와 브랜디 멜빌과 같은 다른 소매업체들과 함께 쇼핑 센터에 위치하게 됩니다.

Nordstrom (NYSE: JWN) a annoncé des projets pour ouvrir un nouveau magasin Nordstrom Rack à Meridian, Idaho, à l'automne 2025. Le magasin, d'une superficie de 25 000 pieds carrés, sera situé dans le centre commercial The Village at Meridian. Le nouvel emplacement proposera des réductions allant jusqu'à 70 % sur les articles de détail et fournira des services tels que le retrait de commandes en ligne depuis Nordstrom.com et NordstromRack.com. Cette expansion s'inscrit dans la stratégie Closer to You de l'entreprise, qui vise à offrir une expérience plus interconnectée entre les magasins et les plateformes numériques. Le magasin rejoindra d'autres détaillants tels que Lego, Evereve, Warby Parker et Brandy Melville dans le centre commercial.

Nordstrom (NYSE: JWN) hat Pläne angekündigt, im Herbst 2025 ein neues Nordstrom Rack-Geschäft in Meridian, Idaho, zu eröffnen. Das 25.000 Quadratfuß große Geschäft wird im Einkaufszentrum The Village at Meridian angesiedelt sein. Der neue Standort wird Rabatte von bis zu 70% auf Einzelhandelsartikel anbieten und Dienstleistungen wie die Abholung von Online-Bestellungen von Nordstrom.com und NordstromRack.com bereitstellen. Diese Expansion passt zur Closer to You-Strategie des Unternehmens, die darauf abzielt, ein stärker vernetzten Erlebnis zwischen Geschäften und digitalen Plattformen zu bieten. Das Geschäft wird sich anderen Einzelhändlern wie Lego, Evereve, Warby Parker und Brandy Melville im Einkaufszentrum anschließen.

Positive
  • Expansion of retail footprint with new 25,000-square-foot location
  • Strategic alignment with company's omnichannel strategy
  • Integration of online and physical retail services
Negative
  • None.

Insights

The planned opening of a 25,000-square-foot Nordstrom Rack store in Meridian, Idaho represents a modest expansion of JWN's off-price retail footprint. While new store openings typically signal growth, this single location's impact on the company's overall financial performance will be minimal given Nordstrom's existing network of over 350 stores.

The strategic placement in The Village at Meridian, alongside established retailers like Lego and Warby Parker, indicates solid market research in targeting an area with proven retail success. The Boise market expansion aligns with Nordstrom's "Closer to You" strategy, focusing on accessibility and omnichannel integration. However, investors should note that the fall 2025 opening timeline means any revenue impact is distant.

The Rack division's role as Nordstrom's largest source of new customers makes this expansion relevant for long-term customer acquisition, though the single store's contribution to the $3.7B market cap company will be incremental at best.

SEATTLE, Nov. 14, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Meridian, Idaho in fall 2025.

"We look forward to being a part of the Meridian 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 Boise 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 The Village at Meridian, a popular shopping center that includes Lego, Evereve, Warby Parker and Brandy Melville. The Village at Meridian is owned and managed by CenterCal Properties, LLC and is ideally located off Eagle Road and Fairview Avenue.

"We're thrilled to welcome Nordstrom Rack to The Village at Meridian," said Jean Paul Wardy, CEO and Co-Founder of CenterCal Properties." This new addition is sure to become a favorite destination for both locals and visitors, solidifying The Village at Meridian as Idaho's premier shopping and lifestyle hub."

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. 

This new location expands the company's physical footprint and economic impact in Idaho.

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 The Village at Meridian
The Village at Meridian is Idaho's premier shopping and lifestyle destination, offering sought-after restaurants and first-to-market retail within a lushly landscaped setting. The center's 200,000 square feet of Class A office space attracts notable employers who benefit from the amenities offered by the thriving community hub. Located at the corner of Eagle Road and Fairview Avenue, The Village at Meridian boasts 100 acres of tree-lined streets, a world-class show fountain, a children's play area, and a lively event calendar. For more information, visit www.thevillageatmeridian.com.

MEDIA CONTACT:
Manuela Uscher
Nordstrom, Inc.
NordstromPR@Nordstrom.com  

Nordstrom Incorporated logo. (PRNewsFoto) (PRNewsfoto/Nordstrom, Inc.)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nordstrom-rack-to-open-new-location-in-meridian-idaho-302305985.html

SOURCE Nordstrom, Inc.

FAQ

When will the new Nordstrom Rack store open in Meridian, Idaho?

The new Nordstrom Rack (JWN) store is scheduled to open in fall 2025 in Meridian, Idaho.

How big will the new Nordstrom Rack store in Meridian be?

The new Nordstrom Rack store will be 25,000 square feet in size.

What services will the new Nordstrom Rack location in Meridian offer?

The store will offer online order pickup from Nordstrom.com and NordstromRack.com, easy returns, and up to 70% off on retail items.

Where will the new Nordstrom Rack store be located in Meridian?

The new Nordstrom Rack will be located in The Village at Meridian shopping center, off Eagle Road and Fairview Avenue.

Nordstrom, Inc.

NYSE:JWN

JWN Rankings

JWN Latest News

JWN Stock Data

4.04B
93.94M
43.19%
51.58%
6.53%
Department Stores
Retail-family Clothing Stores
Link
United States of America
SEATTLE