Nordstrom Rack to Open at West Farm Shopping Center

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Jul 22, 2011, 12:00 ET

SEATTLE, July 22, 2011 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a new Nordstrom Rack in Farmington, Conn., located just outside of Hartford. The new 35,000 square-foot store is scheduled to open during spring 2012 at West Farm Shopping Center.

Nordstrom Rack is the off-price retail division of Nordstrom, Inc., and carries on-trend merchandise from Nordstrom stores and Nordstrom.com at 50-60% 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 purchased specially for Nordstrom Rack, with most at savings of 30-70% off.

The new West Farm Rack will be surrounded by a strong retail mix including TJ Maxx, Sports Authority and Petco. Kimco Realty Corporation (NYSE: KIM) is the owner and manager of West Farm Shopping Center.

This will be the first Nordstrom Rack in Connecticut. In addition, the retailer operates a full-line Nordstrom store at Westfarms Mall just a quarter of a mile south of the new Rack location.

"We are very pleased that Nordstrom Rack chose Kimco's West Farm Shopping Center for their first location in Connecticut. This store will be a wonderful addition to the shopping center and further enhances our existing relationship with Nordstrom Rack," said Mike Pappagallo, Kimco's executive vice president and chief operating officer.

"We've been serving customers in Connecticut for over a decade with our full-line store at Westfarms Mall and we're thrilled to have the opportunity to better serve them with our first Nordstrom Rack in the state," said Geevy Thomas, president of Nordstrom Rack. "We can't wait to open our doors next spring and start helping more customers."

About Kimco

Kimco Realty Corporation, a real estate investment trust (REIT), owns and operates North America's largest portfolio of neighborhood and community shopping centers. As of March 31, 2011, the company owned interests in 948 shopping centers comprising 138 million square feet of leasable space across 44 states, Puerto Rico, Canada, Mexico and South America. Publicly traded on the NYSE under the symbol KIM and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for 50 years.

About Nordstrom

Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 214 stores located in 29 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 116 Nordstrom full-line stores, 95 Nordstrom Rack stores, two Jeffrey boutiques and one clearance store. Nordstrom serves customers through its online presence at Nordstrom.com and through its catalogs. Nordstrom also 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.

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

MEDIA CONTACTS:
Kendall Ault
Nordstrom, Inc.
(206) 303-3019

David Bujnicki
Kimco Realty Corporation
(516) 869-2087

SOURCE Nordstrom, Inc.