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El Segundo Business in the News

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New Nordstrom Rack Opening This Fall in El Segundo

Daily Breeze

Nordstrom, Inc. has announced plans to open a Nordstrom Rack at Plaza El Segundo, located at 700 S. Sepulveda Blvd.

The 23,640-square-foot location at Plaza El Segundo will open in fall 2019 alongside retailers including Whole Foods Market, Dick’s Sporting Goods and DryBar.
“We look forward to introducing two new Rack stores in Los Angeles at The Vineyards at Porter Ranch and Plaza El Segundo,” said Geevy Thomas, president of Nordstrom Rack. “We’re excited to bring the great Rack brands our customers expect at great prices when we open these stores in 2019.”

In addition to Nordstrom Rack, Nordstrom operates 15 full-line stores in the state, and began serving California customers in 1981 with its store in Fashion Valley in San Diego.

“Having the popular Nordstrom Rack at Plaza El Segundo is very exciting to us,” said Jeff Kreshek, senior vice president of leasing for Federal Realty.

“Plaza El Segundo is one of the South Bay’s primary shopping destinations and Nordstrom Rack will provide an incredible addition that provides value, fashion and convenience for our customers,” said Kreshek.

Nordstrom Rack is the off-price division of Nordstrom, Inc., offering customers a wide selection of on-trend apparel, accessories and shoes at an everyday savings of up to 70 percent off regular prices. The Rack carries merchandise from Nordstrom stores and, as well as specially purchased items from many of the top brands sold at Nordstrom. The Rack is the number one largest source of new customers to Nordstrom.

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