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Nordstrom Rack to open In Reno

RBR Staff Writer Published 20 February 2014

Seattle-based Nordstrom announced today plans to open a Nordstrom Rack at Redfield Promenade in Reno, Nevada.

The store, approximately 31,000-square-foot in size, is scheduled to open in spring 2015. Redfield Promenade is owned and operated by Kimco Realty Corp.

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, as well as 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.

The first Nordstrom Rack originally opened in Las Vegas, Nevada in 2001 at Silverado Ranch Plaza and relocated to Stephanie Street in 2011. Nordstrom has also operated a full-line store at Fashion Show Mall in Las Vegas since 2002.

"We're thrilled to bring a Nordstrom Rack to the Reno community," said Geevy Thomas, president of Nordstrom Rack. "This central retail location at Redfield Promenade is a good fit for us and we look forward to offering customers access to fashion at great prices when we open our doors next year."

The new Nordstrom Rack will be located at Redfield Promenade, a 147,000-square-foot shopping center which sits in the densest retail area of Reno. The center is situated at the highly trafficked intersection of US-395, Kietzke Lane and South Virginia Street. The new store will move into a former Borders Books and join anchor tenants such as Bed Bath & Beyond and Cost Plus World Market. In addition, the center has several food service-oriented uses including Claim Jumpers, Ijji Sushi and Costa Vida Fresh Mexican Grill.

"We are pleased to have Nordstrom Rack as a tenant at Redfield Promenade, which represents the retailer's twelfth location within our portfolio," said Conor Flynn, executive vice president and chief operating officer of Kimco. "The reconfiguration of the center to accommodate the new Nordstrom Rack store highlights the success of our redevelopment strategy in helping to attract best-in-class retailers to our centers and enhance the shopping experience for our customers."



Source: Company Press Release