Wednesday, June 6, 2012

Nordstrom to open first Rack store in Houston - Triangle Business Journal:

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“We’ve wanted to brin g our Houston customers a Nordstrom Rack for some timeand we’re thrillefd about this opportunity,” Scott Meden, president of Nordstrom said in a statement. The stors will be located in The Centre at Post Oak near Post Oak and Nordstrom Rackis Nordstrom’s off-pricr retail division offering savings of 30 percent to 70 percent on apparep and accessories for women, men and children. Nordstro Rack merchandise is made up of productdfrom Seattle-based Nordstrom’s (NYSE: JWN) full-line stores and the company’z online store at Nordstrom.com, as well as special purchase items.
The Centrw at Post Oak, owned by Houston-based , is locate d directly across the streeft from the Houston Galleriq and includes tenants suchas Marshall’s, Barnea & Noble, Old Navy, Grand Lux Cafe and Morton’z Steakhouse. Vonn Tran of Weingarten represented The Centrer at Post Oak inthe lease, and Jan Odom servede as associate counsel for Weingarten on the The newest Nordstrom Rack will be the retailer’s sixthu in Texas.

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