Nordstrom Rack To Open In Eatontown New Jersey

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Nov 03, 2014, 02:00 ET

SEATTLE, Nov. 3, 2014 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Crossroads at Eatontown in Eatontown, N.J. The 35,250-square-foot store is scheduled to open in fall 2015. Crossroads at Eatontown is owned and operated by LGR Associates, LP.

"We're excited to bring a Nordstrom Rack to Eatontown so that we can better serve customers in Monmouth County," said Geevy Thomas, president of Nordstrom Rack. "Crossroads at Eatontown is surrounded by a strong mix of retailers, restaurants and entertainment. We're happy to be a part of a location that is convenient for our customers and we look forward to getting our doors open next fall."

The Crossroads at Eatontown is a recently renovated center located directly across from the main entrance of the Monmouth Mall. When it opens Nordstrom Rack will be on the corner of Highway 35 and Highway 36 and accessible from Exit 105 on the Garden State Parkway and Exit 13B on Route 18.

"We are thankful that our upgrade is complete and excited to have Nordstrom Rack as a new addition to our family of stores," said Darlene Lukaszewicz, manager of LGR Associates, LP.

When it opens it will be the fifth Nordstrom Rack in New Jersey. A new Rack in Livingston opened in October and the company will open its fourth Rack at Mercer Mall in Princeton next spring 2015. Nordstrom also operates five full-line stores in the state.

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. The Rack carries merchandise from Nordstrom stores and Nordstrom.com and 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.

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 289 stores in 37 states, including 118 full-line stores in the United States and one in Canada; 167 Nordstrom Racks; two Jeffrey boutiques; and one clearance store. Nordstrom also serves customers through Nordstrom.com; Nordstromrack.com; online private sale site HauteLook; and Trunk Club, a personalized clothing service. Nordstrom, Inc.'s common stock is publicly traded on the NYSE under the symbol JWN.

About Crossroads at Eatontown
The Crossroads at Eatontown, a renovated upscale center, conveniently located across from the main entrance of the Monmouth Mall. The center consists of 105,735 square feet. Other tenants at the center include Macy's Furniture and Fortunoff Backyard. The Crossroads at Eatontown is owned and operated by LGR Associates, LP which was established in 1962 and is still run by the family matriarch, Kelly Lutzker.

MEDIA CONTACTS:
Naomi Tobis
Nordstrom, Inc.
(206) 303-4250
[email protected]

Donna Goldbach-Martin
Sitar Realty Company - TCN Worldwide
(732) 283.9000 x 2140
[email protected]

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SOURCE Nordstrom, Inc.