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Nordstrom Rack to open in Dayton

RBR Staff Writer Published 13 January 2014

Seattle-based Nordstrom, Inc. (JWN) announced today plans to open a Nordstrom Rack at The Greene Town Center in Dayton, Ohio. The approximately 35,000-square-foot store is scheduled to open in fall 2014.

The Greene is managed by Olshan Properties, formerly known as MPI, Mall Properties, Inc.

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. 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.

Nordstrom Rack currently has four other locations in Ohio, two of which opened this past fall in Columbus and Westlake. A second Rack location in Columbus is set to open at Sun Center this spring. Nordstrom operates three full-line stores and first came to the state in 1997 at Beachwood Place.

"We're excited to have the opportunity to open a Nordstrom Rack at The Greene," said Geevy Thomas, president of Nordstrom Rack. "We believe The Greene represents the best of shopping and entertainment in the area and we are thrilled to be a part of this compelling retail environment. This additional location will make it more convenient for customers who have been making the drive to shop our stores in Cincinnati and Columbus."

The 1.1 million-square-foot, mixed-use community features open-air gathering spaces, parks for children, over 200 residential units and pedestrian-friendly streets running through the center. The new Nordstrom Rack will join a strong mix of retailers and restaurants such as Banana Republic, Sephora, Forever 21, The Cheesecake Factory and McCormick & Schmicks among others.

"With our winning mix of residential, office and retail in a pedestrian-focused, town center environment, The Greene has long been the location of choice for leading retailers, particularly first time entrants into the Dayton market looking for one special location from which to launch their local presence," said Jim Davis, vice president of leasing for Olshan Properties. "We are very proud of the great lineup of brand name tenants which are thriving at The Greene and are delighted to welcome Nordstrom Rack into the mix to share its best-in-class shopping experience with our consumers."

Source: Company Press Release