January 15th, 2015Nordstrom to Open New Rack Stores in New York and Colorado
Taking its store-expansion strategy to the next level, Nordstrom Inc. (JWN – Analyst Report) announced its plans to introduce two new Rack stores, one each in New York and Colorado.
Spanning across 33,357 square feet, the company’s latest Rack store in New York will be located on the first level of the Destiny USA mall in Syracuse, occupying a space adjacent to The Cheesecake Factory store and opposite the Armani Outlet. The mall includes a host of other retailers like Lord & Taylor, Macy’s Inc. (M – Analyst Report), J.C. Penney Co. Inc. (JCP – Analyst Report), H&M, Saks OFF 5th, T.J.Maxx and DSW.
The store, scheduled to open its doors in fall 2015, is a part of the company’s plan to expand in upstate New York. A while ago, the company had announced the opening of two more Rack stores in the region, in Buffalo and Albany, both of which are also scheduled to open in fall 2015.
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