SEATTLE, Sept. 17, 2013 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at University Station in Westwood, Mass. The approximately 35,000-square-foot store is scheduled to open in spring 2015. University Station is being developed by New England Development, Eastern Real Estate, and National 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 30-70% off regular prices. The Rack carries merchandise from Nordstrom stores and Nordstrom.com and 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.
"We're thrilled by the customer response as we've continued to open Nordstrom Rack stores in Greater Boston," said Geevy Thomas, president of Nordstrom Rack. "University Station is a great new development in an excellent location and we're eager to bring the Rack to more customers."
The new-build Nordstrom Rack will open alongside a strong mix of retailers and restaurants at University Station including Target and Wegmans. Located southwest of Boston in Westwood along the Route 128 and I-95 corridors, University Station is a 2 million-square-foot mixed use development, featuring 750,000 square feet of stores and restaurants."We're delighted that Nordstrom Rack will be opening at University Station," said Douglass E. Karp, Executive Vice President of New England Development. "Their fashion-forward approach to merchandising and their great values on clothing, shoes and accessories will provide local and regional residents with a welcome new shopping opportunity." Nordstrom first opened in Greater Boston in 2007 with its full-line store at Natick Mall. Since then the company has opened three additional full-line stores and four Nordstrom Rack stores in the area. The company recently opened a Central Massachusetts Rack at The Shoppes at Blackstone Valley in Millbury on September 12.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts