REAL ESTATE

Nordstrom to open Rack outlet in downtown Chicago

BY CSA STAFF

Seattle Nordstrom will open a Nordstrom Rack discount outlet in downtown Chicago this fall.

The 36,000-sq.-ft. store, located on East Chicago Avenue between North Michigan Avenue and North Rush Street, is due to open in fall 2010. It will be the second Nordstrom Rack location in downtown Chicago and its seventh in the Chicago area. The retailer operates a full-line store about a mile away on Michigan Avenue.

“This is a terrific location just off the Magnificent Mile that is easily accessible and part of a strong retail mix,” said Scott Meden, president of Nordstrom Rack, in a statement.

Nordstrom currently operates 69 Rack locations and 112 full-line stores.

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REAL ESTATE

Macy’s to launch Bloomingdale’s outlet store concept

BY CSA STAFF

Cincinnati Bloomingdale’s is going the way of such upscale department stores as Nordstrom and Saks Fifth Avenue and getting into the outlet business, Macy’s Thursday announced plans to launch a Bloomingdale’s Outlet store concept in 2010, with four locations scheduled to open in summer or fall. Additional Bloomingdale’s Outlet stores are expected to roll out to selected locations across the country in 2011 and beyond.

The initiative is being headed up by Arnold Orlick, a former division principal of Federated Department Stores (now Macy’s). He will rejoin Bloomingdale’s as senior VP outlet stores to lead and develop the outlet stores business.

“Bloomingdale’s Outlet stores are an opportunity to expand our presence in new and existing markets, as well as to remove clearance from full-line Bloomingdale’s stores in a timely manner,” said Michael Gould, Bloomingdale’s chairman and CEO. “The customer experience in these stores will reflect the Bloomingdale’s brand with a strong value message.”

The announced locations include stores, all of which are subject to final lease agreements, include: Bergen Town Center, Paramus, N.J.; Dolphin Mall, Miami; Potomac Mills, Woodbridge, Va.; and Sawgrass Mills, Sunrise, Fla.

“We have been studying the opportunities for entering the off-the-mall outlet business for some time, and the timing now is right given the consumer’s particular focus on value in addition to fashion and quality,” said Terry J. Lundgren, chairman, president and CEO of Macy’s. “The first Bloomingdale’s Outlet stores will be in excellent, high-traffic locations. Our real estate developer partners have been very supportive and encouraging as we pursued this strategy.”

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77kids by american eagle pop-up to remain open for spring, permanent stores due in 2010

BY CSA STAFF

Pittsburgh 77kids by american eagle, the children’s brand from American Eagle Outfitters, announced that its pop-up store at The Mall at Robinson, in Pittsburgh, will remain open through April 3, based on positive customer response during the holiday season. Permanent 77kids stores are planned for 2010, the company said.

“The positive customer response to our holiday 77kids pop-up was overwhelming,” said Betsy Schumacher, chief merchandising officer, 77kids by american eagle, a division of American Eagle. “We couldn’t think of a better way to thank our friends in Pittsburgh than to give them another season of great 77kids shopping.”

The store closed for one week to refresh the interior decor and restock with spring merchandise, and is now open for customers.

Completely updated for spring with an infusion of color and energy, the shopping environment still feels deliberately temporary, yet fun and functional, including plywood floors, chalkboard signage throughout, and an eclectic music mix. Chalkboards, free candy and treats help to keep kids occupied while purchases are made.

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