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Nordstrom Rack to Open New Location in Longmont, CO
JWNNordstrom(JWN) Prnewswire·2025-02-07 15:00

Core Insights - Nordstrom, Inc. plans to open a new Nordstrom Rack in Longmont, Colorado in fall 2025, expanding its presence in the state and enhancing customer access to its offerings [1][2] - The new store will be 28,000 square feet and located in Harvest Junction, a shopping center that includes various popular retailers, indicating a strategic choice for location [1][2] - Nordstrom Rack is a key component of the company's "Closer to You" strategy, which aims to provide a seamless shopping experience across physical and digital platforms [2] Company Expansion - The new Nordstrom Rack location will increase the company's physical footprint in Colorado, where it currently operates two Nordstrom stores and eight Nordstrom Rack stores, contributing to over 1,400 jobs statewide [3] - The addition of Nordstrom Rack is expected to enhance the shopping experience in Longmont by offering high-quality items at significant discounts, up to 70% off on various products [2] Community Engagement - Nordstrom has a commitment to community investment, having donated over 2millioninthepastfouryearstosupportitspartnershipwithBigBrothersBigSistersoftheUnitedStates,focusingonmentorshipandcommunitysupport[4]CompanyOverview−Nordstrom,Inc.hasalong−standingheritageofcustomerservicesinceitsinceptionasashoestorein1901,anditcontinuestoprioritizecustomerconveniencethroughaninterconnectedshoppingmodel[5]−Thecompanyoperatesover350locations,includingNordstrom,NordstromLocal,andNordstromRack,alongsidedigitalplatforms[5]RealEstateContext−PineTree,theownerofHarvestJunction,isanationalretailrealestatecompanywithaportfoliovaluedat2 million in the past four years to support its partnership with Big Brothers Big Sisters of the United States, focusing on mentorship and community support [4] Company Overview - Nordstrom, Inc. has a long-standing heritage of customer service since its inception as a shoe store in 1901, and it continues to prioritize customer convenience through an interconnected shopping model [5] - The company operates over 350 locations, including Nordstrom, Nordstrom Local, and Nordstrom Rack, alongside digital platforms [5] Real Estate Context - Pine Tree, the owner of Harvest Junction, is a national retail real estate company with a portfolio valued at 2.5 billion and 17 million square feet of open-air retail space across the United States [6]