SEATTLE, Jan. 10, 2017 /CNW/ -- Seattle-based
Nordstrom, Inc. (NYSE: JWN) announced today plans to open a
Nordstrom Rack at Heartland Town
Centre in Mississauga, Ontario.
The approximately 35,000-square-foot store is scheduled to open in
fall 2018. The property is owned and managed by Orlando
Corporation.
The new Nordstrom Rack at
Heartland Town Centre will join Costco, Loblaws, Marshalls,
Winners, H&M and more. The center is west of downtown
Toronto and located conveniently
off of Highway 401, and the new store will be at the intersection
of Mavis Road and Britannia Road.
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.
"We're excited to announce our third location in the greater
Toronto area, in addition to our
previously announced locations at One Bloor and Vaughan Mills," said Geevy Thomas, president of
Nordstrom Rack. "We look forward to
offering folks southwest of the city a convenient location to shop
with us, and customers can expect a great selection of the brands
at great Rack prices when we open our doors in 2018."
"Nordstrom Rack will provide
outstanding brand strength and strong merchandise selection to
Heartland Town Centers' existing retail mix," said Phil
King, President of Orlando Corporation. "We are pleased they selected Heartland Town Centre
as a partner in their Canadian expansion."
Nordstrom first announced plans to expand to Canada in 2012 and to date has opened five
full-line stores: in Calgary at CF
Chinook Centre on September 19, 2014,
CF Rideau Centre in Ottawa on
March 6, 2015, CF Pacific Centre in
Vancouver on September 18, 2015, CF Toronto Eaton Centre on
September 16, 2016, and Yorkdale
Shopping Centre on October 21, 2016.
The company will open an additional full-line store in the
Toronto area at CF Sherway Gardens
in fall 2017. Nordstrom Rack Vaughan
Mills and One Bloor will open in Toronto in spring 2018.
About Nordstrom
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 349 stores in 40 states, including 123 full-line stores in
the United States, Canada and Puerto
Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and
two clearance stores. 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 seven clubhouses.
Nordstrom, Inc.'s common stock is publicly traded on the NYSE under
the symbol JWN.
About Heartland Town Centre
Heartland Town Centre, one
of Canada's largest and most
successful Power Centres offers over 180 stores and services for
the ultimate shopping experience. With over 2 million square feet
of retail space, the Centre has Canada's most successful mix of retailers
including; Best Buy, Banana Republic, H&M, HomeSense, JYSK,
Harry Rosen Outlet, Marshalls, Petsmart, The Brick, Tommy Hilfiger, Wal-Mart, Winners, and many
more! The Centre is conveniently located off the 401 at the corner
of Mavis Road and Britannia Road.
"Everything You Need Is Here"
About Orlando Corporation
Orlando Corporation is
Canada's largest privately-owned
industrial real estate developer and landlord. As a multi-faceted
real estate company, Orlando is
involved in a wide range of real estate investments and activities.
In the Greater Toronto Area,
Orlando has built a critical
mass of properties and are able to offer tenants a complete range
of property types and premium locations. Orlando owns, leases, and manages over 40
million square feet of industrial, office, and retail property. The
scale and diversity of their tenant base provides a stable and
secure source of rental income.
MEDIA CONTACTS:
Jessica Canfield
Nordstrom, Inc.
(206) 303-4250
Jessica.Canfield@nordstrom.com
Paola Caldaroni
Orlando Corporation
905-677-5480
Caldaronip@orlandocorp.com
SOURCE Nordstrom, Inc.