Nordstrom Rack to Open New Location in Spokane, WA
Rhea-AI Summary
Nordstrom (Rack) plans a new 31,000-square-foot Nordstrom Rack in Spokane, WA, slated to open in fall 2026 at Northpointe Plaza. The center is owned and managed by Kite Realty Group (NYSE:KRG) and sits off N Newport Highway and E Hawthorne Road near retailers including Target and Dick's Sporting Goods.
The store will offer services like online order pickup and easy returns, expand Nordstrom's Washington footprint and complement Northpointe Plaza's tenant mix. Nordstrom currently operates six Nordstrom and 12 Nordstrom Rack stores in Washington and reports the Rack business as a key source of new customers.
Positive
- 31,000-square-foot Nordstrom Rack scheduled to open in fall 2026
- Adds to Nordstrom’s Washington footprint of 18 total stores (6 Nordstrom, 12 Rack)
- Located at Northpointe Plaza owned by KRG, adjacent to major anchors
- Store will support omnichannel services: online pickup and easy returns
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, KRG declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"We look forward to being a part of the
Lionello added that in this location "customers will be able to take advantage of our convenient services such as online order pick up from both Nordstrom.com and NordstromRack.com, and they can make returns easily."
The 31,000-square-foot store will be located at Northpointe Plaza, a popular shopping center that includes Target, Dick's Sporting Goods, TJ Maxx, Safeway, and Total Wine & More. Northpointe Plaza is owned and managed by Kite Realty Group (NYSE:KRG) and is ideally located off N Newport Highway and E Hawthorne Road.
"We're thrilled to welcome Nordstrom Rack to Northpointe Plaza," said Karly Kilroy, Vice President and Senior Leasing Director at Kite Realty Group. "As one of the most recognizable and trusted names in retail, Nordstrom Rack will enhance the visitor experience and strengthen Northpointe Plaza's position as a go-to shopping center destination."
Nordstrom Rack is the off-price retail division of Nordstrom, Inc. and plays a critical role in the company's Closer to You strategy, which focuses on delivering customers a more convenient and interconnected experience across its stores and digital platforms. Nordstrom Rack offers customers up to 70 percent off on-trend apparel, accessories, beauty products, home decor and shoes from many of the top brands sold at Nordstrom stores as well as core services like online order pickup for Nordstrom.com and NordstromRack.com, easy returns and alterations at select stores. Nordstrom Rack is the largest source of new customers to Nordstrom.
This new location expands the company's physical footprint and economic impact in
Nordstrom is committed to investing in the diverse communities where it operates. Over the past four years, Nordstrom, with its customers, has donated more than
About Nordstrom
At Nordstrom, Inc., we exist to help our customers feel good and look their best. Since starting as a shoe store in 1901, how to best serve customers has been at the center of every decision we make. This heritage of service is the foundation we're building on as we provide convenience and true connection for our customers. Our interconnected model enables us to serve customers when, where and how they want to shop – whether that's in-store at more than 350 Nordstrom, Nordstrom Local and Nordstrom Rack locations or digitally through our Nordstrom and Rack apps and websites. Through it all, we remain committed to leaving the world better than we found it.
About Kite Realty Group
Kite Realty Group (NYSE: KRG) is a real estate investment trust (REIT) headquartered in
MEDIA CONTACT:
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Nordstrom, Inc.
NordstromPR@Nordstrom.com
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SOURCE Nordstrom, Inc.