Search
 

Nordstrom Plans For 18 Stores

NEW YORK CITY-Department-store consolidation and lifestyle centers boost the chain's expansion.

By Debra Hazel | Updated on September 07, 2006

NEW YORK CITY-Department-store consolidation and its own expansion plans should boost Nordstrom’s growth into 2010, EVP and CFO Mike Koppel said at the Goldman Sachs 13th Annual Global Retailing Conference here.

The apparel retailer has announced plans to open four stores in 2007, eight units in 2008, three in 2009, including one in Phoenix, and two in 2010. A new store is opening in Topanga, CA, this Oct. 6.

“There hasn’t been a period where the opportunity for unit growth has been better,” Koppel said. “Those plans have already been announced, but we’re spending a lot of resources and time [looking for more].”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.