OK, this shopping news is only helpful if you live in
Florida. If you do not, you may want to skip this article.
Nordstrom, Inc., a leading fashion specialty retailer, announced it will
open a 35,000-square-foot Nordstrom Rack, a unit of the company's off-price
retail division, at The Palms at Town & Country in Kendall, Fla.
in spring 2010.
"We are thrilled
to be able to offer our customers another Nordstrom Rack in
the greater Miami area," said Scott
Meden, president of Nordstrom Rack. "The Palms is a strong
shopping center and in a great location, and we look forward
to offering outstanding value on name-brand merchandise for
our customers in the area."
This will be the retailer's third Nordstrom Rack in the
Florida, which includes a new Nordstrom Rack that will open
at Millenia Crossing in Orlando in fall
2009. Additionally, the company operates nine Nordstrom
full-line stores in the state of
"We believe that diversified retail
centers will remain strong. Nordstrom Rack fits the
demographic of the clientele of Kendall and perfectly
complements existing and future tenants at The Palms at
Town & Country," said Mark Yacovetta, Director, Asset
Management, TIAA-cREF Global Real Estate.
Owned by TIAA-cREF, The
Palms at Town & Country is an open-air shopping
center in the greater Miami area.
Located off Mills Drive in Kendall, the 293,000 square-foot
center is currently being redeveloped by Flagler
Development Group. The three phase renovation will be
complete in 2010 and will house a total of 700,000
square-feet of new retail and restaurant space, as well as
pedestrian-friendly walk-ways and personal valet parking.
Its existing tenants include Marshall's,
New York & Co.,
Publix and 24 Hour Fitness.
For more information about The Palms
at Town & Country, please call (305) 274-7982 or
Nordstrom Rack is the
company's off-price retail division offering savings of 30
to 70 percent on apparel and accessories for women, men and
children, including one of the most extensive collections of
name-brand shoes available. Nordstrom Rack merchandise is
made up of products from
full-line stores and the company's online store at
Nordstrom.com, as well as special
is one of the nation's leading fashion specialty retailers,
with 169 stores located in 28 states. Founded in 1901 as a
shoe store in Seattle, today Nordstrom
operates 109 full-line stores, 56 Nordstrom Racks, two
Jeffrey boutiques and two clearance stores. Nordstrom also
serves customers through its online presence at
www.nordstrom.com and through its catalogs.
is publicly traded on the NYSE under the symbol JWN.
Read more news about Nordstrom.
Find a career at Nordstrom.
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