Nordstrom Rack To Enter North Carolina Market
November 24, 2009 (FinancialWire) — Retailer Nordstrom, Inc. (NYSE: JWN) plans to open its first Nordstrom Rack in North Carolina. The new 33,000-square-foot store will be located at Renaissance Center in Durham. The store is scheduled to open in fall 2010.
Nordstrom Rack, a unit of the company’s off-price retail division, carries merchandise from Nordstrom stores and Nordstrom.com at 50% to 60% off original Nordstrom prices.
Seattle-based Nordstrom has 184 stores located in 28 states. The company operates 112 full-line stores, 69 Nordstrom Racks, two Jeffrey boutiques and one clearance store. Nordstrom also serves customers through its online presence.
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