Nordstrom Rack Expands Store Presence In Chicago

Fri Mar 8, 2013 1:06pm EST

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SEATTLE,  March 8, 2013  /PRNewswire/ -- Seattle-based  Nordstrom, Inc. (NYSE:
JWN) announced today plans to open a  Nordstrom Rack  at The Maxwell in 
Chicago, Ill.  The approximately 36,500-square-foot store is scheduled to open
in 2014.   

Nordstrom first came to Chicagoland in 1991 with the opening of its Oakbrook
Center full-line store, and went on to open several more stores throughout the
Midwest. Today, the company operates four full-line and seven Rack stores in the
 Chicago  area.  

"We're excited to have the opportunity to further grow our downtown  Chicago 
presence with our new location at The Maxwell," said Geevy Thomas, president of 
Nordstrom Rack. "We're grateful for the tremendous response we've had from our 
Chicago  area customers ever since we arrived here. We want to be a part of
compelling locations across the country and are looking forward to getting our
doors open so that we can help more customers in the South Loop neighborhood."  

The 230,000 square-foot Maxwell project will be located within the South Loop
neighborhood of  Chicago, north of the intersection of Canal Street and
Roosevelt Road. The new  Nordstrom Rack  will occupy a commanding street level
space with easy accessibility from Roosevelt Road, and join a vibrant retail mix
at the center. The new store will be located just two miles south of the State
Street Rack store.  

"We could not be more delighted to have  Nordstrom Rack  as a lead anchor in The
Maxwell. This store reinforces the confidence they have demonstrated in the 
Chicago  marketplace.  Nordstrom Rack  is a leader in its peer group and a best
in class retailer. The Rack is a great addition to the South Loop as this area
continues to evolve as a prominent retail corridor serving more than 15 Chicago
neighborhoods," said  Robert J. Bond, president of the Bond Companies, developer
of The Maxwell.   

Nordstrom Rack  is the off-price retail division of Nordstrom, Inc., carrying
on-trend merchandise from Nordstrom stores and Nordstrom.com at 50 to 60 percent
off original Nordstrom prices.  Nordstrom Rack  also offers a wide selection of
apparel, accessories and shoes from many of the brands carried in Nordstrom
stores. These items are purchased specially for  Nordstrom Rack, with most at
savings of 30 to 70 percent off.

About Bond Companies
The development is a joint venture between Bond Companies, a leading retail and
mixed use development company based in  Chicago, and Bucksbaum Retail
Properties, a fully integrated owner and developer of urban oriented retail real
estate.  

About Nordstrom
Nordstrom, Inc. is one of the leading fashion specialty retailers based in the
U.S. Founded in 1901 as a shoe store in  Seattle, today Nordstrom operates 240
stores in 31 states, including 117 full-line stores, 119 Nordstrom Racks, two
Jeffrey boutiques, one treasure&bond store and one clearance store. Nordstrom
also serves customers through Nordstrom.com and through its catalogs.
Additionally, the Company operates in the online private sale marketplace
through its subsidiary HauteLook. Nordstrom, Inc.'s common stock is publicly
traded on the NYSE under the symbol JWN.

MEDIA CONTACTS:  
Megan Garvey
Nordstrom, Inc.
(206) 303-3019

Robert J. Bond
Bond Companies
(312) 853-0070

(Logo:  http://photos.prnewswire.com/prnh/20001011/NORDLOGO)  

SOURCE  Nordstrom, Inc.

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