Nordstrom Rack To Open In Schererville, Indiana

SEATTLE, Jan. 28, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Shops on Main in Schererville, Indiana. The approximately 25,000-square-foot store will be the second Nordstrom Rack in Indiana and is scheduled to open in spring 2017.

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 to 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.

Nordstrom Rack is a part of an expansion of Shops on Main that already includes Whole Foods Market, DSW, Pier 1 Imports, HomeGoods, Carraba's Italian Grill, Carter's and Chico's.

"We're thrilled to open a new Nordstrom Rack for customers in Schererville at Shops on Main," said Geevy Thomas, president of Nordstrom Rack. "We want to be in compelling locations with a great retail mix that customers visit frequently and we're eager to get our doors open so that we can start taking care of our customers in Northern Indiana."

The new store will be the second Nordstrom Rack in Indiana joining Rivers Edge in Indianapolis and the 14th Nordstrom Rack in the greater Chicagoland area. The company also operates four full-line stores in the greater Chicago area, including a flagship store on Michigan Avenue.

"Nordstrom Rack is the perfect fit for Shops on Main," said Nick Wibbenmeyer, Managing Director for Regency Centers. "Their quality offerings and impeccable operating record have made them an industry standard, and we are thrilled to be able to help bring everything that they offer to our already powerful merchandising mix."

About NordstromNordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 323 stores in 39 states, including 121 full-line stores in the United States, Canada and Puerto Rico; 194 Nordstrom Rack stores; two Jeffrey boutiques; and one clearance store. 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 five clubhouses. Nordstrom, Inc.'s common stock is publicly traded on the NYSE under the symbol JWN.

About Regency Centers Corporation (NYSE: REG)With more than 50 years of experience, Regency is the preeminent national owner, operator and developer of high-quality, grocery-anchored neighborhood and community shopping centers. The Company's portfolio of 318 retail properties encompasses over 42.7 million square feet located in top markets throughout the United States, including co-investment partnerships. Regency has developed 219 shopping centers since 2000, representing an investment at completion of more than $3 billion. Operating as a fully integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed.

MEDIA CONTACTS: Dan Evans                                                                                                                    Nordstrom, Inc.                                                                                                   (206) 303-3036[email protected]

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SOURCE Nordstrom, Inc.