SEATTLE, Aug. 23, 2016 /CNW/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Ottawa Train Yards in Ottawa, Ontario. The approximately 35,000-square-foot store is scheduled to open in fall 2018. The property was developed by, and it is owned and managed by The Ottawa Train Yards Inc.
The store will be located just east of downtown in the former rail yard turned shopping centre. Nordstrom Rack will join Marshall's, Winner's, Bed Bath & Beyond, SAIL, Golf Town, DSW, and Shepherds Fashions as well as many other fashion and home furnishings retailers.
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 percent off regular prices. Nordstrom Rack merchandise, available at Rack stores and at Nordstromrack.com, comes from Nordstrom stores, Nordstrom.com as well as specially purchased items from many of the top brands available at Nordstrom. The Rack is designed to provide the ultimate treasure hunt to style-savvy customers.
"It has been a pleasure getting to know customers in Ottawa since we opened our doors at Rideau Centre in 2015," said Karen McKibbin, president of Nordstrom Canada. "We're excited to offer customers a new way to shop with Nordstrom and bring them more of the great brands they love at great prices."
"We are very excited to have Nordstrom Rack joining our offering of more than 75 stores and more than 800,000 sq. ft. of retail area in the largest open-air shopping district in Ottawa," said Marty Koshman, President of The Ottawa Train Yards Inc.
Nordstrom first announced plans to expand to Canada in 2012 and to date has opened three full-line stores in Calgary at CF Chinook Centre on September 19, 2014; CF Rideau Centre in Ottawa on March 6, 2015 and CF Pacific Centre in Vancouver on September 18, 2015. The company will open three additional full-line stores in the Toronto area including CF Eaton Centre on September 16, 2016, Yorkdale Shopping Centre on October 21, 2016 and CF Sherway Gardens, fall 2017.
Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 329 stores in 39 states, including 121 full-line stores in the United States, Canada and Puerto Rico; 200 Nordstrom Rack stores; two Jeffrey boutiques; and one clearance store. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its five clubhouses. Nordstrom, Inc.'s common stock is publicly traded on the NYSE under the symbol JWN.
About The Ottawa Train Yards
The Ottawa Train Yards is one of the largest mixed-used development in the Ottawa area. Centrally located and just minutes from downtown, the development covers 135 acres with capacity to grow to over 1 million square feet of retail space and 2.2 million square feet of office space. It enjoys excellent linkages from major highways and transportation routes, inter-city heavy rail, urban transit routes, and soon the new light rail urban transit system.
The Ottawa Train Yards Inc.
(613) 723-7490 X 124
Logo - http://photos.prnewswire.com/prnh/20001011/NORDLOGO
SOURCE Nordstrom, Inc.