Nordstrom, Inc. Announces Plans to Open Nordstrom Rack at Marina Pacifica Mall in Long Beach, California
January 08, 2015 at 11:00 am EST
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Nordstrom Inc. announced plans to open a Nordstrom Rack at Marina Pacifica Mall in Long Beach, California. The approximately 24,000-square-foot
store is scheduled to open in fall 2015. The property is managed by NewMark Merrill Companies. Marina Pacifica is conveniently located off Pacific Coast Highway near East 2nd St. The new Nordstrom Rack will occupy the former Loehmann's space and join a mix of tenants including Best Buy, ULTA Beauty, Pier 1 Imports, AMC Theaters, Barnes & Noble, Sports Authority and Ralphs. Nordstrom Rack is the off-price retail division of Nordstrom Inc., offering customers a wide selection of on-trend apparel, accessories and shoes at an everyday savings of 30% - 70% off regular prices. The Rack carries merchandise from Nordstrom stores and Nordstrom.com, as well as specially purchased items from many of the top brands sold at Nordstrom. The Rack is designed to provide the ultimate treasure hunt to style-savvy customers.
Nordstrom, Inc. is a fashion retailer that offers private-label merchandise for women, men, young adults, and children, with a focus on apparel, shoes, beauty, accessories and home goods. The Companyâs Retail segment aggregates two operating segments: Nordstrom and Nordstrom Rack. The Nordstrom segment consists of Nordstrom.com, Nordstrom United States stores and Nordstrom Local. The Nordstrom Rack segment consists of NordstromRack.com, Nordstrom Rack United States stores and last chance clearance stores. Nordstrom Rack purchases merchandise from many of the same vendors carried at Nordstrom and also serves as an outlet for clearance merchandise from the Nordstrom banner. In addition, its existing fleet of Nordstrom and Nordstrom Rack stores enables pickup and returns of online orders and facilitates a broader assortment to its digital customers. The Company also has arrangements with agents and contract manufacturers to produce its private-brand merchandise.
NORDSTROM, INC. 
