Nordstrom Rack brings new dynamics of shopping to Lakewood
19 Feb '09
2 min read
Seattle-based Nordstrom Inc announced it will open a 33,400-square-foot Nordstrom Rack, a unit of the company's off-price retail division, at Lakewood Center in Lakewood, Calif. in fall 2010.
"Lakewood Center offers customers a great mix of retail, entertainment and restaurants and we think it's an outstanding location for a Nordstrom Rack," said Scott Meden, president of Nordstrom Rack. "We're excited to join the center and hope customers will enjoy the great value and fashion we have to offer."
"Nordstrom Rack brings a new dynamic of shopping to Lakewood Center," said Randy Brant, executive vice president of real estate for Macerich. "The addition of this highly sought after retailer will bring considerable distinction for Lakewood Center and the Lakewood shopper through their perfect balance of fashion and value."
This will be the retailer's fourteenth Nordstrom Rack in the greater Orange County/Los Angeles area, including three new Rack stores scheduled to open in 2009 and 2010. The company also operates 16 Nordstrom stores in the Orange County/Los Angeles area, including a store at Los Cerritos Center in Cerritos, Calif. that will relocate to a brand new store within the mall in spring 2010.
Owned by Macerich, Lakewood Center is an existing mall located three miles west of Los Cerritos Center. Lakewood Center is co-anchored by Macy's, JCPenney, Target, soon to open Costco and recently announced Forever 21. Other tenants include Bed Bath and Beyond, Best Buy, Circuit City, Pacific Theatres, 24 Hour Fitness and several restaurants.