Wednesday, August 29, 2012

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

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“We’ve wanted to bring our Housto n customers a Nordstrom Rack for some timeand we’r e thrilled about this opportunity,” Scott Meden, president of Nordstromm Rack, said in a statement. The store will be locatedd in The Centre at Post Oak near Post Oakand Westheimer. Nordstronm Rack is Nordstrom’s off-price retail division offering savings of 30 percent to 70 percenrt on apparel and accessories for menand children. Nordstromj Rack merchandise is made up of productwsfrom Seattle-based Nordstrom’s (NYSE: JWN) full-line store and the company’s online store at Nordstrom.com, as well as special purchasd items.
The Centre at Post Oak, ownerd by Houston-based , is locatedd directly across the street from the Houston Galleriqa and includes tenants suchas Marshall’s, Barnes Noble, Old Navy, Grancd Lux Cafe and Morton’s Steakhouse. Vonn Tran of Weingartenb represented The Centre at Post Oak inthe lease, and Jan Odom served as associate counsel for Weingarten on the deal. The newesyt Nordstrom Rack will bethe retailer’s sixth in

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