SEATTLE, Dec. 12,
2023 /PRNewswire/ -- Seattle-based fashion
retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a
new Nordstrom Rack in
Franklin, Tennessee in fall
2024.
"We look forward to being a part of the Franklin community and serving our customers
with an amazing offering of great brands at great prices," said
Gemma Lionello, President of
Nordstrom Rack Stores. "We're
excited to grow our footprint in the region 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 24,000-square-foot store will be located in Cool Springs
Market, a popular shopping center that includes Dick's Sporting
Goods, Kroger, and DSW. Cool Springs Market is owned and
managed by Kite Realty Group Trust (NYSE: KRG) and is ideally
located off of Interstate 65 and Cool Springs Boulevard.
"We are thrilled to welcome Nordstrom
Rack to Cool Springs Market," said Blake Beaver, Regional Director of Leasing at
Kite Realty Group Trust. "The coveted brand and its excellent
products will be an ideal complement our center's diverse and
appealing range of offerings."
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 this new location, Nordstrom expands its physical
footprint and economic impact in Tennessee. Nordstrom operates
four Nordstrom Rack stores and one Nordstrom store
in Tennessee, generating nearly 500 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 nearly $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 Kite Realty Group Trust
Kite Realty Group Trust (NYSE: KRG) is a real estate investment
trust (REIT) headquartered in Indianapolis, IN that is one of the largest
publicly traded owners and operators of open-air shopping centers
and mixed-use assets. The Company's primarily grocery-anchored
portfolio is located in high-growth Sun Belt and select strategic
gateway markets. The combination of necessity-based,
grocery-anchored neighborhood and community centers, along with
vibrant mixed-use assets makes the KRG portfolio an ideal mix for
both retailers and consumers. Publicly listed since 2004, KRG has
nearly 60 years of experience in developing, constructing, and
operating real estate. For more information, please visit
kiterealty.com.
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.
MEDIA CONTACT:
Lauren Herrin
Nordstrom, Inc.
NordstromPR@Nordstrom.com
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SOURCE Nordstrom, Inc.