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PRICE STORE AT FRANKLIN MILLS
PHILADELPHIA, Feb. 23 /PRNewswire/ -- Western Development Corp., KanAm announced today that Nordstrom (NASDAQ: NOBE), the Seattle-based specialty fashion retailer, will debut its first Nordstrom Factory Direct (NFD) jordans for sale off-price store at Franklin Mills Mall, located in northeast Philadelphia, according to air max 1 Nordstrom. Plans call for 40,000 square feet of off-price, famous brand apparel, shoes and accessories for men, women and children to be open in May 1993.
According to Nordstrom officials, NFD is designed as an extension of the company's existing off-price business. "Nordstrom has been in isabel marant sale the off-price business for years with air jordans for sale our Nordstrom Racks located in market areas near current Nordstrom stores," said Paul Hunter, general manager and vice president for the retailer. "NFD will allow us to expand beyond those traditional areas plus seek new off-price merchandise to complement our existing vendor base."
Unlike Nordstrom Racks, which carry celine handbags price a portion of Nordstrom clearance items, NFD will offer special purchases from well-known, designer labels and Nordstrom branded merchandise. Shoes will be emphasized, stemming from the company's roots as an independently owned shoe store for nearly 60 years. "We expect that over 30 percent of the store will be devoted to shoes," said Hunter. "The remaining space will offer end-of-season, off-season and overrun merchandise from recognizable, designer labels. All merchandise will be sold at everyday discounts of 30-70 percent."
Franklin Mills Mall was selected for the company's first NFD because it is mulberry handbags a highly successful value mall with isabel marant sneakers exceptional customer traffic and loyalty. Additionally, the site allows Nordstrom to expand its national presence beyond its existing markets.
"We could not have selected a better testing ground for NFD's concept than Franklin Mills Mall," said Hunter. "Our experience in the off-price business leads us to believe that the new store is right in line with what customers are asking for. This setting will provide us an outstanding opportunity to perfect the concept before we determine the future of NFD at Nordstrom."
Peter Bergum, vice president and general jordan 11 manager of Franklin Mills Mall, is equally pleased to welcome Nordstrom to the region. "We are delighted that Nordstrom Factory Direct selected Franklin Mills Mall for their first off-price store," Bergum said. "With the diversified mix of outlet stores at Franklin Mills Mall, they will greatly enhance the blend of merchandise we offer our customers." More than 14,000,000 mulberry handbags uk visitors shop at Franklin Mills Mall annually.
Nordstrom operates 72 stores in 11 states and in 1992 reported sales of $3.4 billion.
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/CONTACT: Sharla Feldscher of Sharla Feldscher Public Relations, 215-627-0801, for Franklin Mills Mall; or Cheryl Engstrom of Nordstrom, 206-628-1912/
(NOBE)
CO: Nordstrom Nordstrom, Inc. (NYSE: JWN) is an upscale department store chain in the United States which was initially a shoe retailer, the company today also sells clothing, accessories, handbags, jewelry, cosmetics, fragrance, and home furnishings. ; Western Development Corp. ST: Pennsylvania Pennsylvania (p one of the Middle Atlantic states of the United States. It is bordered by New Jersey, across the Delaware River (E), Delaware (SE), Maryland (S), West Virginia (SW), Ohio (W), and Lake Erie and New York IN: mulberry handbag uk REA
SU: PDT n abbr (US) (= Pacific Daylight Time) cheap mulberry hora de verano del PacíficoSW-JH -- SE003 -- 9232 02/23/93 08:08 EST EST electroshock therapy..
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