Nordstrom, Inc. plans to open two new Nordstrom Rack stores in North Carolina, one in Raleigh and one outside Charlotte in Matthews, NC.
“We look forward to being a part of the Raleigh and Matthews communities and serving our customers with an amazing offering of great brands at great prices,” said Gemma Lionello, president of Nordstrom Rack Stores. “We’re excited to grow our footprint in these regions and introduce new customers to the Nordstrom experience.”
The 32,000-square-foot Raleigh store will be located in Triangle Town Place, a shopping center that includes Dick’s Sporting Goods and DSW. Triangle Town Place is owned and operated by Global Net Lease, Inc. and is located off Capital Blvd. across from Triangle Town Center with access to I-540. It is expected to open in fall 2024.
“Nordstrom Rack is a welcome addition to Triangle Town Place and further enhances the center’s position as a preeminent shopping destination in Northeast Raleigh,” said Michael Weil, CEO of Global Net Lease, Inc.
The 25,000-square-foot Matthews store will be located outside Charlotte in Sycamore Commons, a shopping center that includes Costco, Dick’s Sporting Goods, Best Buy, Michael’s, and Ulta. Sycamore Commons is owned and managed by InvenTrust Properties and is located off US-74/Independence Boulevard and Northeast Parkway. The store is expected to open in spring 2025.
“Nordstrom Rack perfectly fits our mission to offer customers the ultimate retail experience with top-notch quality, great value, and excellent service,” said Ken Wygle, VP of leasing at InvenTrust Properties. “We are thrilled to welcome them to our shopping center, as they will enhance our diverse range of retailers.”
Nordstrom Rack is the off-price retail division of Nordstrom, Inc. and is said to play a critical role in its “Closer to You” strategy, which focuses on delivering customers a more convenient and interconnected shopping experience across its stores and digital platforms. Nordstrom Rack offers customers up to 70 percent off on-trend apparel, accessories, beauty, home, and shoes from many of the top brands sold at Nordstrom stores.
Image courtesy Nordstrom Rack
