Nordstrom Rack is set to open a new store in Colorado

Nordstrom, Inc. (JWN), an American luxury
department store chain, Friday announced that it will open a new
Nordstrom Rack store in Longmont, CO, in fall 2025. This expansion is
part of the company’s efforts to grow its presence in the region.

The new 28,000 sq. ft. Nordstrom Rack will be situated in Harvest
Junction, a popular shopping center in Longmont, CO, home to
retailers such as Marshall’s, Best Buy, and Ross. Located off Highway
119/Ken Pratt Boulevard, the center is owned by an affiliate of Pine
Tree.

Nordstrom Rack, the off-price division of Nordstrom, is key to the
company’s Closer to You strategy, providing a convenient, connected
shopping experience. It offers up to 70 percent off top-brand
apparel, accessories, beauty products, home decor, and shoes, with
services like online order pickup, easy returns, and alterations.
Nordstrom Rack is also the largest source of new customers for
Nordstrom.

This new location will expand Nordstrom’s presence and economic
impact in Colorado, where it currently operates two Nordstrom stores
and eight Nordstrom Rack stores, providing over 1,400 jobs across the
state.

Nordstrom is dedicated to investing in the communities it serves. In
collaboration with its customers, the company has donated more than
$2 million over the past four years to support its partnership with
Big Brothers Big Sisters of the U.S., funding mentorship initiatives
such as training, interview preparation, life skills development, and
homework assistance.

JWN is currently trading at $24.28 or 0.21% lower on the New York
Stock Exchange.