Nordstrom Rack to Open New Location in Lakeland, FL

Core Insights - Nordstrom, Inc. plans to open a new Nordstrom Rack in Lakeland, Florida in fall 2025, expanding its presence in the Tampa market [1][2] - The new store will be 30,000 square feet and located in Lakeside Village, a shopping center that features other prominent retailers and entertainment options [1][2] - Nordstrom Rack offers significant discounts, up to 70 percent off on various products, and provides services like online order pickup and easy returns [2][3] Company Expansion - The new location will increase Nordstrom's physical footprint in Florida, where it currently operates six Nordstrom stores and 19 Nordstrom Rack stores, generating over 2,800 jobs statewide [3] - The addition of Nordstrom Rack is part of the company's "Closer to You" strategy, aimed at enhancing customer experience across physical and digital platforms [2] Community Engagement - Nordstrom has invested over $2 million in community support through its partnership with Big Brothers Big Sisters of the United States, focusing on mentorship programs [4] - The company emphasizes its commitment to serving diverse communities and aims to leave a positive impact [5] Retail Environment - Lakeside Village is described as a premier open-air lifestyle center, enhancing the shopping experience for both locals and visitors [2][6] - The center is part of a larger portfolio managed by Continental Realty Corporation, which includes over eight million square feet of commercial space valued at over $4 billion [6]