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Nordstrom Rack to open new store in Geneva, Illinois

EditorRachael Rajan
Published 06/02/2024, 17:24
© Reuters.

SEATTLE - Fashion retailer Nordstrom, Inc. (NYSE: NYSE:JWN) has announced its plan to open a new Nordstrom Rack location in Geneva, Illinois, set to launch in spring 2025. The new 25,000-square-foot store will be situated in Randall Square (NYSE:SQ), a well-trafficked shopping center that houses several other retailers, including Marshall's and Old Navy.

Gemma Lionello, President of Nordstrom Rack Stores, expressed enthusiasm about joining the Geneva community, saying, "We look forward to being a part of the Geneva community and serving our customers with an amazing offering of great brands at great prices." She highlighted that the new store will feature services like online order pickup from Nordstrom's websites and easy returns, enhancing the shopping experience for patrons.

The addition of Nordstrom Rack is expected to complement the existing retail mix at Randall Square, which was recently acquired by Viking Partners.

Nordstrom Rack serves as the off-price division of Nordstrom, Inc. and is integral to the company's "Closer to You" strategy, which aims to provide a seamless and connected experience for customers both in-store and online. The retailer is known for offering significant discounts on apparel, accessories, and shoes, and is recognized as the largest source of new customers for Nordstrom.

With this expansion, Nordstrom reinforces its presence and economic contribution in Illinois, where the company already operates multiple Nordstrom and Nordstrom Rack stores, supporting nearly 3,000 jobs in the state.

This announcement is based on a press release statement from Nordstrom, Inc.

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